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Financial Diversification
Manage episode 176545986 series 1416063
Diversifying not only your investments is important, but also diversifying your spending habits or your saving habits is very important, especially when times are good, which right now, quite frankly, times are very good in the United States.
We see that throughout history, practicing diversification is something that people have realized is very important to do. Unfortunately, as we see throughout history, most people do not do it properly, and many people don’t do it at all. Even Shakespeare, in “The Merchant of Venice,” talks about how you should never trust just one investment, no matter how good you think it is.
LEARN MORE AT www.RiggWealthManagement.com
RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.
Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.
42 epizódok
Manage episode 176545986 series 1416063
Diversifying not only your investments is important, but also diversifying your spending habits or your saving habits is very important, especially when times are good, which right now, quite frankly, times are very good in the United States.
We see that throughout history, practicing diversification is something that people have realized is very important to do. Unfortunately, as we see throughout history, most people do not do it properly, and many people don’t do it at all. Even Shakespeare, in “The Merchant of Venice,” talks about how you should never trust just one investment, no matter how good you think it is.
LEARN MORE AT www.RiggWealthManagement.com
RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.
Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.
42 epizódok
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