You are viewing a single comment's thread from:

RE: Diversification - What if We Don't Do it

in Proof of Brain3 years ago

Diversification is important, and it comes in many forms:

  • Income -- the main job, plus a side hustle, plus savings, plus investments
    • Investments -- cryptocurrency, precious metals, liquid assets, illiquid property, cold hard cash
  • Education -- the basics, skills for a passion, skills for a trade, skills for a professional job
  • Gardening -- foods, medicine, trade, fuel, pest control

As impotant as diversification is, it needs to make sense for your situation. If something dosn't strengthen a weakness, it doesn't make sense to add it to the portfolio.


Posted via proofofbrain.io