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April 10, 2011

Does Diversification Really Make Your Portfolio Safer?

Well, a abundance of this analysis will depend on what your goal of investing is. If you are talking about personal investing (held outside a tax-advantaged account) for the purpose of producing an income in the near prospect or to increase your net worth just since you desire more money, then diversification may not be the best approach. Most high net-worth individuals (millionaires, if that is what we desire to call them) do not diversify most of the investments.
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