Diversification involves avoiding the risk of concentrating all assets in a single venture.
When one investment falters, other holdings can mitigate the impact.
Distributing investments lowers overall risk.
Diversification involves avoiding the risk of concentrating all assets in a single venture.
When one investment falters, other holdings can mitigate the impact.
Distributing investments lowers overall risk.
However, it's essential to be mindful of the dangers of excessive diversification.
Understanding effective diversification strategies is key.