Diversification is a technique used to lower the risk for an investment portfolio by spreading the specific risks of investing across many holdings. 
We often practice diversification in other areas of our life without even realizing it. Think friends in different groups, external industry connections, reading widely, not just eating potato chips, having new travel experiences etc. It’s the idea that we shouldn’t rely on any one single "thing" and instead incorporate different things that are not directly linked together.
Fidelity defines diversification in investing as "the practice of spreading your investments around so that your exposure to any one type of asset is limited. This practice is designed to help reduce the volatility of your portfolio over time."
In today's episode, Kate & Owen discuss how they think about diversification in their own lives and what it looks like in our finances, investing, careers and life.
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Access the show notes for The Australian Finance Podcast: www.raskmedia.com.au/podcasts/australian-finance-podcast


Diversification in 30 minutes (and why it matters in money, investing & life)

The Australian Finance Podcast is your guide to sorting out your finances, one episode at a time. Owen & Kate bring you actionable strategies and knowledge that you can put into practice today. Save money, invest better and live life on your terms.
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New to the show? We recommend that you head back to our Starter Pack series of the podcast in Jan/Feb 2022, to get your head around some really important concepts! More advanced listeners might enjoy our other show, The Australian Investors Podcast.
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SHOW NOTES: https://www.raskmedia.com.au/podcasts/australian-finance-podcast/
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DISCLAIMER: The information in this podcast series is general financial information/advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms of Service and Financial Services Guide on www.rask.com.au/fsg.

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Investing already involves risk, so how can we better manage our behavioural risks?
In this episode of 

5 reasons your behaviour impacts your investing [

To celebrate the launch of Rask Invest, Owen Rask is joined by Mitchell Sneddon to identify and talk about the 5 things none of the Professionals want to talk about. This originally aired on the Australian Investors Podcast
UPCOMING LIVE SHOW: https://www.youtube.com/@RaskFinance/streams
Invest with Owen: https://invest.rask.com.au
Article "Where Owen is Invested": https://community.rask.com.au/c/etfs/where-i-m-investing-the-next-10-years

Ask a question: https://bit.ly/3QtiY00


Access Show Notes: https://bit.ly/R-notes


Kate's book, Buying Happiness: https://bit.ly/kate-amazon


Invest with Owen: https://bit.ly/R-invest


Mortgage Broking: https://bit.ly/broke-rask


Financial Planning: https://bit.ly/R-plan


Property Coaching: https://bit.ly/R-P-coach


100-point property checklist (PDF): https://bit.ly/prop-check


Accounting with Grey Space: http://bit.ly/3DG5lWS


Business Coaching: https://bit.ly/o-coach



Pearler, the broker for long-term investors. Sign up using code “RASK” for $15 of Pearler Credit: bit.ly/Pearler
Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
Learn more about your ad choices. Visit megaphone.fm/adchoices

To celebrate the launch of Rask Invest, Owen Rask is joined by Mitchell Sneddon to explain Rask's 10 truths of investing. This originally aired on the Australian Investors Podcast.
UPCOMING LIVE SHOW: https://www.youtube.com/live/bpPiyQtcjXs
Invest with Owen: https://invest.rask.com.au
Article "Where Owen is Invested": https://community.rask.com.au/c/etfs/where-i-m-investing-the-next-10-years

Ask a question: https://bit.ly/3QtiY00


Access Show Notes: https://bit.ly/R-notes


Kate's book, Buying Happiness: https://bit.ly/kate-amazon


Invest with Owen: https://bit.ly/R-invest


Mortgage Broking: https://bit.ly/broke-rask


Financial Planning: https://bit.ly/R-plan


Property Coaching: https://bit.ly/R-P-coach


100-point property checklist (PDF): https://bit.ly/prop-check


Accounting with Grey Space: http://bit.ly/3DG5lWS


Business Coaching: https://bit.ly/o-coach



Pearler, the broker for long-term investors. Sign up using code “RASK” for $15 of Pearler Credit: bit.ly/Pearler
Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
Learn more about your ad choices. Visit megaphone.fm/adchoices

To celebrate the launch of Rask Invest, Owen Rask is joined by Mitchell Sneddon to explain where he is investing right now and why. This originally aired on the Australian Investors Podcast.
UPCOMING LIVE SHOW: https://www.youtube.com/@RaskFinance/streams
Invest with Owen: https://invest.rask.com.au
Article "Where Owen is Invested": https://community.rask.com.au/c/etfs/where-i-m-investing-the-next-10-years

Ask a question: https://bit.ly/3QtiY00


Access Show Notes: https://bit.ly/R-notes


Kate's book, Buying Happiness: https://bit.ly/kate-amazon


Invest with Owen: https://bit.ly/R-invest


Mortgage Broking: https://bit.ly/broke-rask


Financial Planning: https://bit.ly/R-plan


Property Coaching: https://bit.ly/R-P-coach


100-point property checklist (PDF): https://bit.ly/prop-check


Accounting with Grey Space: http://bit.ly/3DG5lWS


Business Coaching: https://bit.ly/o-coach



Pearler, the broker for long-term investors. Sign up using code “RASK” for $15 of Pearler Credit: bit.ly/Pearler
Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
Learn more about your ad choices. Visit megaphone.fm/adchoices

On Money & Chill this month, our producer Monique shares the cost of eating in the US, Kate finds free food, and Owen successfully finds some house sitters.
⚠️ Warning: This is not a serious episode, but we have a whole back catalogue for that.

Ask a question: https://bit.ly/3QtiY00


Access Show Notes: https://bit.ly/R-notes


Kate's book, Buying Happiness: https://bit.ly/kate-amazon


Invest with Owen: https://bit.ly/R-invest


Mortgage Broking: https://bit.ly/broke-rask


Financial Planning: https://bit.ly/R-plan


Property Coaching: https://bit.ly/R-P-coach


100-point property checklist (PDF): https://bit.ly/prop-check


Accounting with Grey Space: http://bit.ly/3DG5lWS


Business Coaching: https://bit.ly/o-coach



Pearler, the broker for long-term investors. Sign up using code “RASK” for $15 of Pearler Credit: bit.ly/Pearler
Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
Episode recorded: 14th May 2024
Learn more about your ad choices. Visit megaphone.fm/adchoices

Diversification in 30 minutes (and why it matters in money, investing & life)

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