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The super wealthy keep their money tied up in lots of things, including real estate. It's called diversity and investing in lots of things is significantly eas
by zsmi 5y ago
The super wealthy keep their money tied up in lots of things, including real estate. It's called diversity and investing in lots of things is significantly easier when you're... super wealthy.
- WalterBright 5y agoIf you invest in an S&P 500 index fund, you're diversified into 500 companies. Very easy to do.
- ghaff 5y agoThe S&P 500 is certainly more diversified than individual stocks. But it's still only the largest US companies. By itself, it's only a somewhat diversified portfolio.
- WalterBright 5y agoThere are plenty of other index funds for whatever floats your boat. Even real estate funds. There's no problem being diversified.
- zsmi 5y agoUnless of course you invested in 2016 and it's Mar 2020 and it turns out you need the money now. You'll have no gain and fours years lost. Diversification: It's All About (Asset) Class https://www.investopedia.com/articles/financial-theory/08/asset-class.asp https://www.investopedia.com/articles/financial-theory/08/as...