One of the oldest fundamentals of investing is
diversification. It helps to offset the many risks we take
when we invest capital. We all try to diversify. however, here's
the problem: when you diversify, it's true you could lose
less, but you could also MAKE less! In fact, its almost guaranteed
you will make less because those two-dollar-bets on the five horses
that finish out-of-the-money dilute or even sink your gains on
those that come in one, two, or three. This is why bucketing
your capital into distinct and separate financial buckets, each
with its own task and time deadline is so effective. Today, we'll
show you how to diversify your holdings with bucketing to increase
income, lower risk, and grow your money over time. MASTERING MONEY
is on the air!
B4B
About the Podcast
...No ordinary retirement show! Hear cutting edge insights from an Amazon best selling author and Accredited Investment Fiduciary®