While your income is your greatest wealth-building tool, it’s certainly not your only tool. As an entrepreneur, you already know how important it is to stash away as much money as you can and invest wisely to provide a bright and promising financial future for your family.
But before you get too heavy into investing, be sure that you understand the significance and role of diversification.
What is diversification?
It’s a simple word that you’ve certainly heard before, but do you really understand what diversification is? According to Investopedia, “Diversification is a risk-management technique that mixes a wide variety of investments within a portfolio.
