“Don’t put all your eggs in one basket”.This old adage illustrates the importance of diversification. Well, we all know that we NEED to diversify our investment portfolio. And that it is extremely crucial to do so. But the real question is, HOW? As a noob who just started my investment journey early this year, this has been the biggest question mark to me. But first, let’s evaluate what it means by having a diversified portfolio.
If you are a seasoned investor, there will be this one phrase that you would have heard and read a thousand times.
Or if you are a new investor, I’m telling you NOW.