What does diversification really mean? Contrary to popular opinion, there’s more to good diversification than just spreading your money around. But how does it work? Today we’ll tackle a recent piece from the Wall Street Journal that dives into popular myths about diversification. Believe it or not there’s more to it than just “spreading your money around.”
Before I forget – a big thanks to today’s roundtable contributors! You can find more from Miranda Marquit at MirandaMarquit.com and freelancewriteracademy.com; Paula Pant at AffordAnything.com; AND you can get help in your financial corner from OG HERE.
As far as financial independence and doing all the “right things,” Jeff is pretty set. After years of effort getting to this point, Jeff now finds himself thinking less about his finances. What’s the solution here? Find a hobby? Earn more cash? Buy products from all of our sponsors? Our roundtable will share their thoughts during our Magnify Money segment.
- 5 Myths About Stock Diversification (WSJ)
One of the first things rookie investors learn is diversification, diversification, diversification. Even so, that doesn’t mean everyone necessarily agrees on what diversification means. On today’s roundtable we’re covering what steps you should actually be taking when you want to do things right.
A big thanks to Miranda for appearing on today’s roundtable! You can find more from Miranda at: MirandaMarquit.com.
Are you an aspiring writer? Do you wish you knew how to make money from your skills? Miranda offers courses, coaching, resources, and more to help inspiring writers. You can learn more and sign-up at her site: Freelance Writer Academy
Check Out Paula’s site and amazing podcast: AffordAnything.com
Follow Paula on Twitter: @AffordAnything
A big thanks to Jessica Bufkin and Libby Gifford for talking with us today! Like we covered in our conversation, you can tune into this year’s main stage big ideas for free! You can register for and find everything FinCon at: FinConExpo.com
- How many people watched the Netflix documentary, Tiger King?
- As far as financial independence and doing all the “right things,” Jeff is pretty set. After years of effort getting to this point, Jeff now finds himself thinking less about his finances. What’s the solution here? Find a hobby? Earn more cash?
Join us Monday!
Written by: Richie Rutter-Reese