Don’t Put All Your Eggs in One Basket—Literally and Financially Recently, I saw a viral YouTube video that showed a chaotic scene at Costco: people rushing to grab eggs like they were scarce treasure. One person loaded every last carton into their shopping cart, leaving others empty-handed. They literally put all the eggs in one basket. Now imagine this: they push that overloaded cart through the parking lot, hit a speed bump—and disaster strikes. Dozens of eggs crash to the ground in a messy, irreversible loss. That image stuck with me—not just as a shopper, but as an investor. Because in the world of investing, one poorly timed bump can do the same to your wealth if it's not protected through diversification and regular rebalancing. Why Diversification Matters in Investing Diversification is the practice of spreading your investments across different asset classes like stocks, bonds, real estate, crypto, commodities, and cash. It’s your best defense against market volat...
- Get link
- X
- Other Apps