Diversify by asset name
…cont’d from yesterday…
When people hear diversification, most think about different asset names. For example, instead of putting all your money into just one stock, you could divide your money among 5 different stocks. That’s an example of diversification by asset name.
A variation of diversification by asset name is dividing your money among different types of assets such as stocks, bonds, options, real estate, etc.
continued tomorrow ...
Copyright 2007 Raymond T. Lee. All rights reserved.
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