Money Magic: #2 Sunny says diversify your investments
Saturday, April 1, 2017, 4:23 PM
Leone’s investment portfolio has a good mix of stocks, mutual funds, retirement funds and real estate. With respect to investments, diversification means having a selection of more than one type of security in the portfolio. Diversification is a risk management strategy since prices of different assets often move in opposite directions and having more than one asset in the portfolio helps limit the risk.