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Do you diversify your investments?
Asked by Snoopy (5798)
January 7th, 2009
Why do people continue to lose their life savings by having all of their investments w/ an Enron type investment, A Madoff hedge fund?
Why-O-Why?
One of the cornerstones to investing is diversification….
Yes, everything is down right now….but massive losses are occuring w/ people who fail to diversify…..
I feel sorry for these people….but only to a point.
Are you diversified? What do you think about people who fail to do this…? Do you think they are forward thinkers who might hit on a “Microsoft” or a “Google”?
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