Outside of leadership, one of the activities I enjoy is investing. I’ve begun looking for investment opportunities in the stock market, cryptocurrency markets, private ventures, and more.
My investment portfolio is diversified. My money isn’t held in one specific investment or business. The money I’ve invested is spread around to different types of businesses, money markets, and portfolios.
From what I’ve studied, wise investors do this. They look for ways to diversify their investments so all of their money isn’t in one basket. Because if that one basket comes crashing down, you could lose all of your investment capital. And that’s bad.
By diversifying where you invest, you reduce risk. One type of investment market could go down while the other goes up. These ups and downs will typically balance one another out and you’ll wind up ahead.