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The Importance of Diversification

The Importance of Diversification

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The key to sustainably building wealth is diversification. Yes, you can make a lot of money investing in one stock or putting all your eggs in one basket... But the reality is that most people are not capable of succeeding that way.

In today's episode I share what diversification is, why it's important, and how our mindset around investing needs to change.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.