Concentration Builds Wealth, Diversification Preserves It
Description
Having all your eggs in one basket might make you rich—until it doesn't.
This week, we’ll dive into the risks of concentrated investing.
You know, Warren Buffett's strategy of focusing investments on big bets is legendary, yet he also champions diversification for the average investor.
Why the mixed advice?
Because while concentrated investing can yield big rewards, it also carries significant risks.
Learn how to balance your portfolio, manage risk, and understand when to hedge or diversify your investments.
Either way, whether dealing with restricted stock or stock options, the big takeaway here is that having a plan is essential.
Read this article at https://franklinmadisonadvisors.com
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