Home
>
Wealth Building
>
Asset Diversification Is NOT Boring?And Will Make You Money

Asset Diversification Is NOT Boring?And Will Make You Money

OK, this article will start with the cheapest piece of advice you will receive this year. In fact, it will make you money. At the very worst it will stop you from LOSING all your money.

Advice: In investment, diversify your portfolio.

Repeat Advice: In other words, place your money in a variety of different investments.

In case you missed it the first time: Don't give Uncle Dave-o you life savings to put into a business venture that's a sure thing.

This simple piece of information is ignored by 85% of household investors. Most households put their money in one stock and hopes it ends up making money. Most people feel comfortable allocating all their money to one investment, one project. If the investment makes money - GREAT!! If the investment loses money - #x*#x!!!! Do you want to be stressed out about your money? No. You want your money to work for you.

When you visit a financial planner the basis of every strategy is diversification and asset allocation. Every disclaimer states that every case is different - it is true they are but the one common element implemented in every case is DIVERSIFICATION.

The theory behind it is this. If you place money in a variety of investments, with 70% in moderate-yielding, conservative investments and the rest in high-yielding speculative stocks. Then if you lose some money on the speccies, then at least you live to fight another day and more likely you may break even after you add the interest from your solid investements . If you make money on them, add that onto the other interest and you are up?Way Up!!

The key to solid investment is make the most of your money, earn the average (index funds and cash), and the use part of your assets on riskier investments. You can allocate money to property, cash, bonds, shares, trees, olives or whatever takes your fancy?The average sounds boring to most people but did you know that over 80% of actively managed funds perform before the market average. Average doesn't sound so bad now.

Psychologically, when your high-yield investments make you money you kick yourself for not allocating more funds to the investment. Don't fall for this trap. Pat yourself on the back for having a win and move on with your strategy. Confidence and 'what could have been' will be your downfall.

Dominic Dirupo survived the Tech Boom and Crash with Goldman Sachs and Deutsche Bank after graduating with Honours at London's City University. dont buy information is an online resource designed to help every consumer make a business decision for free. No Strings Attached.

whole house cleaning Deerfield ..

In The News:

Essential phone settings to enable before losing your device, including Find My network, location services and security features for iPhone and Android.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

Cybersecurity research shows weak passwords remain a major threat, with simple patterns and number sequences putting millions of accounts at risk.

New Android malware BankBot YNRK silences phones, steals banking data and drains crypto wallets automatically. Learn how this advanced threat works.

FDA approves first human trial for Paradromics' brain-computer interface that could restore speech for paralyzed patients through neural technology.

New phishing platform QRR targets Microsoft 365 users across 1,000 domains in 90 countries. Learn how to spot fake login pages and protect your accounts.

OpenTable now uses AI to track your dining habits and share insights with restaurants. Learn what data they collect and how to protect your privacy.

Google's discontinued Nest thermostats still secretly upload home data to company servers despite losing smart features, raising serious privacy concerns.

New Android malware NGate steals NFC payment codes in real-time, allowing criminals to withdraw cash from ATMs without your card. Learn protection tips.

DoorDash confirms data breach exposing customer names, emails, addresses after social engineering attack. Learn how to protect yourself from scams.

Concerned about Google's AI scanning your Gmail? Learn how to disable Gemini features that access your emails, Drive files and Chat messages for privacy.

Google warns Android users about dangerous fake VPN apps hiding malware that steals passwords, banking details and personal data from phones and tablets.

Apple's digital passport feature lets iPhone users breeze through TSA checkpoints this holiday season using Digital ID technology at 250+ airports.

A new phishing scam targets family photos with fake "Cloud Storage Full" alerts. Criminals steal credit card information through fake sites. Learn protection tips.

South Korean scientists create ultra-thin fabric muscles that turn clothes into robotic assistants, lifting 33 pounds while weighing under half an ounce.

Archer Aviation has acquired Hawthorne Airport for $126M to launch an LA air taxi network ahead of the 2028 Olympics, featuring AI-powered eVTOL operations and next-gen aviation tech.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Fake AI apps disguised as "ChatGPT" and "DALL·E" are flooding app stores with dangerous malware that steals data and monitors users without detection.

Fake buyers demand specific vehicle reports from unknown sites to steal credit card information from car sellers, but warning signs can help identify these scams before paying.

Android users can now manage apps across multiple devices more easily with Google Play Store's updated remote uninstall button in the latest update.

NASA's Perseverance rover discovers shiny metallic rock on Mars that could be a meteorite from an ancient asteroid, containing high levels of iron and nickel.

Holiday scams spike during Black Friday and Cyber Monday as criminals exploit your leaked personal data. Learn how to protect yourself from fake stores and phishing.

Commerce Department proposes TP-Link router ban over Chinese security risks. Learn how this potential prohibition could affect your home network and devices.

Hyundai AutoEver America suffered a data breach affecting 2,000 current and former employees, exposing names, Social Security numbers and driver's license information.

Washington court rules automated license plate reader images are public records, even when stored by vendors like Flock Safety, setting precedent for transparency.

Asset Diversification Is NOT Boring?And Will Make You Money

Wealth Building