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Putting your entire life savings into one asset is always a bad idea, I thought this was a well-known fact nowadays.
by sacado2 8y ago
Putting your entire life savings into one asset is always a bad idea, I thought this was a well-known fact nowadays.
- jjkk0101 8y agowhile it is a well-known fact it is not always possible to diversify effectively due to external factors like transaction costs, legislation (e.g.: managed pension plans), not enough principal, etc.