Diversify Your Investments

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I enjoy going to financial seminars and expos. There is always something new to learn and opportunities for growth.

During the Wealth Summit and Money Expo 2013, I learned that diversifying investments is a MUST. This is for the same reason why we diversify our stock market portfolio -- so that if one company fails, the other companies that are growing could balance things out.

Where Else to Invest?

 

Aside from the stock market, we are encouraged to invest also in real estate and foreign exchange.

Real estate is land plus anything permanently fixed to it, including buildings, sheds and other items attached to the structure. Although, media often refers to the "real estate market" from the prespective of residential living, real estate can be grouped into three broad categories based on its use: residential, commercial and industrial. Examples of real estate include undeveloped land, houses, condominiums, townhomes, office buildings, retail store and factories.

Forex is the market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.



Reference:

1. www.investopedia.com