In today's episode, we talk about diversification within your portfolio and the importance of it in a sound investing approach. We first start by discussing the recent falling of Silicon Valley Bank or SVB. What exactly happened to SVB and why should we all have diversification at the forefront of our minds? We take a closer look at "classic" strategies for portfolio allocation and highlight that any chosen allocation should be tailored to you. We also cover why diversification is often a topic when it comes to income sources and why, despite being sound advice, this idea might not be realistic for most people.
Resources mentioned:
Nick Maggiulli's blog Of Dollars And Data:
https://ofdollarsanddata.com/ray-dalio-all-weather-portfolio/
Music by AudioCoffee from Pixabay
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