It is advisable to diversify, not just across various asset types, but also industries. Diversifying helps you to minimize exposure in case of a downturn.
We have previously covered portfolio diversification. Today, we focus on rebalancing, which is another important step for an optimized investment portfolio.
A diverse portfolio is one that earns you the highest return for the lowest risk. Diversification is achieved by spreading out the risk across various assets, thus reducing the chances…
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