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Nov 1, 2015
Too Many Eggs In Two Baskets: Why Canadian Investors Should Look South
Don’t put all your eggs in one basket”. It’s a good piece of wisdom for life, but particularly so when it comes to investing. The same warning applies to putting all your eggs in two baskets. Diversification means the spreading of risk, and that equates to protection from any one shock.
Unless you are a professional investor with expertise about specific sectors, overly concentrating your portfolio can do wonders of the unpleasant variety to your finances. In the extreme...