Don’t keep all your eggs in one basket. If your basket drops all your eggs will break!
In business as well as investing, you want to spread out your assets as far and wide as possible. With investing, for example, you’ll want to invest in US and foreign stocks. Invest in large and small companies. Make your investments as diverse as possible. The reason is because if you only invest in tech stocks - and the US tech market suffers a hit - all your stocks will suffer.
Better yet, if you want to invest, invest in stocks, in gold, in real estate, in making personal loans. This way your profits will balance any possible losses.
- Edwin, CashTheChecks.com
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