Diversify from "summary" of The Bogleheads' Guide to Investing by Taylor Larimore,Mel Lindauer,Michael LeBoeuf
Diversification is a fundamental principle of investing that can help manage risk and improve returns. By spreading your investments across a variety of asset classes, industries, and geographies, you can reduce the impact of any one investment underperforming. This strategy allows you to capture the returns of different types of assets, while also hedging against the risk of a single investment dragging down your entire portfolio. When you diversify your portfolio, you are essentially avoiding putting all your eggs in one basket. This means that if one sector or market experiences a downturn, your overall portfolio is less like...
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