When it comes to the topic of diversification, many big time investors have opposing views, be it through their words or actions. If you ever know anything about investing and trading (which you probably should), diversification is one of the hottest debates we have ever come across.
Today, I’d like to talk more about how diversification has helped me to make money, both actively and passively, and how it can be beneficial to anyone who really wants to make money even when they’re sleeping. (Note: It’s not easy, but it can be done)
When should you diversify?
Essentially, diversification means splitting up your portfolio, hence your income as well as risk.
The one thing that you should diversify… is your income stream. It’s really a common sense to do so, but yet so few ever do. You don’t just spend on one thing in your life, so why do you want to earn ......