Subscribe to our newsletter. A fancy word for diversification.
Financial experts like to use it to sound intelligent.
For the past decade, Wall Street has preached the virtues of diversification, drilling it into the minds of every investor within earshot. Everyone from the CEO to the delivery boy knows that you shouldn't keep all your eggs in one basket - but there's much more to it than that. In fact, many people are doing more damage than good in their effort to diversify. Like everything in life, diversification can be taken too far. Additionally, it will keep in almost perfect step with the market as a whole.