Make this Christmas financially joyous with these portfolio diversification tips

Tis’ the season to be jolly and with the Christmas season comes the merry assortment of glittery lights, the goodies and gifts, and  the warm memories of the year gone by. Have you wondered why assortment and diversification are so important to investing?

And more importantly, if you invest in mutual funds, should you think of diversifying your investments if mutual funds do the job for you?

The reason is that you need to diversify your finances or assets on a broader level to reduce risk. Putting all your money in an asset with high returns and high risk is not a good idea.




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