Blog #229 – Should you put all your eggs in one basket.

Diversification is a big topic among investors.

Is it better to have all your money in one thing or to diversify across many things?

There is no easy answer because it revolves around how risk tolerant a person is.

Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1

Warren Buffet

You are not going to have many great ideas or many great opportunities so when these things come you should take advantage of them as much as you can.

There is no such thing as a sure thing so know your downside.

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