You've heard it before and you'll hear it again: diversification is important in your portfolio. But just what does that mean? Diversification can take on many forms. Do you know the different ways to diversify?
Too much diversification can be a bad thing. You can dilute your returns by being overly diversified. Plus, if you have multiple investments or multiple mutual funds, you need to be sure that you are not including duplicates of the same stock or bond.
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