Ten Timeless Tips For Wealth Creation(2)

Diversify.


Why learn the hard way by losing your hard-earned dollars making the same old common investing mistakes.

It's much better to learn from the experience of thousands of investing professionals over the last 100+ years.

Here are the top ten timeless investing tips


2. Diversify.

Don't put all your eggs in one basket.

You don't need to invest in 100 different stocks or vehicles, but neither should you be overly concentrated in just 5.

Financial statistics show that by having at least 20-25 separate investments, none being more than 5-7% of your total position,

you have significant diversification without the hassles or costs of managing 100's of investments.

Today another key aspect of diversification is to be sure to invest in global stocks as well as U.S. stocks.



By Mitch Mueller