Another angle on investment diversification…
I am doing the Tony Robbins Comeback Challenge and today is Day 5 – Finances.
The key takeaway is to know your risk appetite and not put all the apples in the same basket.
More risk – more potential to gain big or lose big.
Less risk – typically lower returns, but more stable and predictable.
Diversification for sustainability. How long could you live on a mono-diet? Let’s say just bananas? How exciting and sustainable in the long term does it sound? Do you see the parallels here for investing?
Wish you a grateful day. ♥ Smile & Be present! 🐝 Invest in diversification & Real Estate ♥