LogFAQs > #936120171

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red13n 03/23/20 8:13:14 PM #268:	Moonroof posted... Why not put all 31k into just one or two of the group you mentioned? I know they say diversifying is prudent, but whats the benefit in this case? This is not a case of diversifying btw. Diversification means spreading your money out into various sectors so that when one goes down the others will pick up the slack and keep your money rolling. All these casinos and touristy things will likely all see a fall and growth period at the same time, so its not really diversifying anything. --- "First thing that crosses my mind: I didn't get any GameFAQs Karma yesterday." Math Murderer after getting his appendix removed. <cite>red13n posted [p:936120171] in Stock Topi... [t:78451720]...</cite> <quote>Moonroof posted... </cite> <quote>Why not put all 31k into just one or two of the group you mentioned? I know they say diversifying is prudent, but whats the benefit in this case?</quote> This is not a case of diversifying btw. Diversification means spreading your money out into various sectors so that when one goes down the others will pick up the slack and keep your money rolling. All these casinos and touristy things will likely all see a fall and growth period at the same time, so its not really diversifying anything. --- "First thing that crosses my mind: I didn't get any GameFAQs Karma yesterday." Math Murderer after getting his appendix removed.</quote> ... Copied to Clipboard!
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