Does the common advice about diversification still hold in times of distress
What are the pros and cons of diversification?
Advantages and Disadvantages of Portfolio Diversification
Advantages | Disadvantages |
---|---|
1. Risk management 2. Align with your goals 3. Growth opportunity | 1. Increases chances of mistakes 2. Rules differ for each asset 3. Tax implications & cost of investment 4. Caps growth |