What is diversification? It is all about spreading your risk. We never eliminate risk altogether, but there are ways to think about this in money management that make sense for you. An example of diversification will be discussed in depth, including how mutual funds can smooth out risk, and you will hear about how you can start to learn this through your research!
In case you want to watch the video instead, here is the link:
https://youtu.be/uNSqUyt6pfA