Tag: Industries

You've probably already heard "don't put all your eggs in one basket" a thousand times, but it's a cliché for a reason since it perfectly captures the idea of not risking all your hard-earned money on a single investment. A top way investors use to reduce the risk of a cracked nest egg is through portfolio diversification. Let's discuss what that means and a couple of tips to help you diversify your investments. Portfolio diversification and why it matters A diversified portfolio is simply a collection of diverse investments that reduces an investor's overall risk profile. With diversification, an individual acquires stocks from different industries, countries, risk profiles, and other investments such as Singapore savings bonds, commodities, and real estate. These assets can...