When you grow old, you hope one of your children will step up and take care of you, right? Ken didn’t want to take his chances so he went ahead and had eight! In all seriousness, the value of diversification can’t be understated. Diversification is all about risk management, putting your eggs in different baskets. Ken provides some eye opening insights about the markets and how betting on a single horse could be detrimental. It’s important to understand all the sub-asset classes available to you, either growth-oriented or value-oriented, domestic or international, and the list goes on. Ken covers this variety available to you as well as some other considerations when diversifying your portfolio.

Links Referenced:

10 Things You Should Know About Diversification

Diversification with Different Equity Asset Classes - The Equity Style Box