Episode 18 - Step 6 - Practice Smart Diversification

Update: 2017-10-28

Description

Diversification is important. We diversify in our everyday lives. We seldom wear the same clothes every day or eat the same foods for breakfast everyday. We change our route to work to avoid traffic and we change how we communicate with others to improve our understanding. We are constantly diversifying how we live because we know it is good for us, because it increases our opportunities for success. We need to practice this for our investments as well. Learn more in this podcast as Scott discusses step 6 of the 10 Steps to a Better Investment Experience - Practicing Smart Diversification.

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In Channel

Episode 22 - 10 Steps to a Better Investment Experience - Step 10 – Focus on What You Can Control

2018-01-0115:08

Episode 21 - Step 9 – Ignore the Financial Media

2017-12-1514:15

Episode 20 - Step 8 – Manage Your Emotions

2017-12-0111:04

Episode 19 - Step 7 – Avoid Market Timing

2017-11-1611:28

Episode 18 - Step 6 - Practice Smart Diversification

2017-10-2817:21

Episode 17 - Step 5 - Taking the Right Risks

2017-10-1215:12

Episode 16 - Step 4 - Let the Markets Work for You

2017-09-1810:53

Episode 15 - Step 3 – Don’t Chase Past Performance

2017-08-2911:46

Episode 14 - Step 2 - Don’t Try to Outguess the Market

2017-08-1511:58

Episode 13 - Step 1 - Understanding Market Pricing

2017-08-0116:09

Episode 12 - Can I Retire?

2017-03-2317:58

Episode 11 - Use A Coach Or A Teacher

2017-03-2228:06

Episode 10 - Create A Map - An Investment Policy Statement

2017-03-2128:32

Episode 9 - Manage Your Emotions and Stay the Course.

2017-03-2015:26

Episode 8 - Know How Much Your Investments Cost You.

2017-03-1913:53

Episode 7 - A 10% discount is a good deal; A 20% discount is a better deal.

2017-03-1808:31

Episode 6 - Tilt Your Allocation

2017-03-1609:56

Episode 5 - Find Your Balance

2017-03-1515:37

Episode 4 - Start Saving Towards Your Goal(s)

2017-03-1417:23

Episode 3 - Identify Your Goal(s) and Write Them Down

2017-03-1313:40

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Episode 18 - Step 6 - Practice Smart Diversification

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Episode 18 - Step 6 - Practice Smart Diversification

Scott Stauffer

Episode 18 - Step 6 - Practice Smart Diversification