If you're looking to balance or mitigate the risk levels in your investments, diversification is your best option to help.
Maintain a mix of different types of assets. Also, keep your risk profile and time horizon at the front of your mind as you figure out ways to diversify your portfolio.
The Just the Facts: Investing Worksheet presents some great visuals to help you understand and decide how to invest.
Your Chapter 6 Checklist:
- Watch the Diversification video
- Download the Just the Facts: Investing Worksheet
- Choose different types of assets to invest in