Family Economics – IV:
How tasty is the soup… or Diversification.
In this funny video young Giulia teaches her sister how important it is to mix many ingredients to make a tasty soup: even if potatoes were not good, all the rest will do anyway. In your investments, you should do the same: buy many different financial instruments, so that even if you picked a bad one, the other investments will still make you good. Do never invest all of your money in one single risk!
Video Tutorial: 5-6-7-8-9-10-11
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