We still rely too heavily on the government for jobs By Larry D. Willard A s individuals, we don't wait until we're 65 to start saving for retirement. We set money aside. We try to prepare ourselves for unexpected surprises, for emergencies. We know that long term financial security comes through early and frequent investing.
Diversification is also important to our personal investment portfolios.
We need to spread the risk. We limit our exposure to downturns. We must put our financial eggs in multiple baskets. The same is true for cities and states. Economies have surprises.