THE LEAD COMMENT
My own “home-made” definition of diversification is that everything should not / can not / will not go up at once. Because, if it does, it could also go down at the same time, which could be disastrous. The other important point to remember about diversification is that it is a tool, not a single collection of investments. Diversification for a 30 year old can . . . and should . . . be very different from diversification for a 60 year old. In all cases, I encourage you to consult a professional advisor.
THE HOW-TO ARTICLES
Gandolfini’s will a case study on what not to do . . . CNBC.com
Diversification Isn’t Broken, It Just Takes Awhile . . . NYTimes.com2
THE FINANCE – ECONOMIC – POLITICAL ARTICLES
B of A to Revamp Merrill Fees . . . . Wall St. Journal
OTHER READS
Reflections on the Road to Yale . . . . New York Times
Income Inequality: Measuring Us Against the World . . . Big Picture
BOSTON METRO FINANCIAL ADVISOR
If you’re looking for a Boston Metro Financial Advisor – or if you’re happy to work virtually – visit me at my Coolidge Corner office. Or call or email me anytime with your questions!
Investments in securities do not offer a fixed rate of return. Principal, yield and / or share price will fluctuate with changes in market conditions and, when sold or redeemed, you may receive more or less than originally invested. The views are those of Bruce Mazo and should not be construed as investment advice. All information is believed to be from reliable sources; however, we do not make any representation as to its completeness or accuracy. Investors cannot directly invest in indices. Past performance does not guarantee future results.