7 Critical Importance of Diversification in Your Investment Portfolio
The phrase, “Don’t put all of your eggs in one basket” might be the best illustration for investment diversification. According to the Securities and Exchange Commission, “Asset allocation involves dividing an investment portfolio among different asset categories, such as stocks, bonds and cash. The process of determining which mix of assets to hold in your […]
Financial Risk Management for Beginners; Why are Risks So Important?
We are constantly managing risks throughout our lives. This could be doing simple tasks (such as driving a car) or making new medical plans. In essence, risk management is all about assessing and reacting to risks. Most of us manage them unconsciously during everyday activities. But, when it comes to financial markets and business administration, […]