The Importance of Diversification (During the 2020 Recession)

Diversification is a key strategy that is important during volatile times - like the 2020 Recession and 2020 Stock Market Crash we are going through. By having a diversified portfolio, you reduce the chances of losing your investments while maintaining positions that whether through the storm and come out stronger after the recession. I discuss different types of diversification (assets, sector, etc.) and explain why I believe it is important to diversify when investing.

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