Think about, when COVID had first erupted last year, how prepared were you — financially? Good chance that you were on the outside looking in. Meaning, when everything shut down, you put all your eggs into one basket (your main income stream) and then POOF! Gone!
How about the second, third, fourth, etc…..times that the economy in your country had been shut down due to COVID?
What I learned was diversification, whether it’s your job, multiple streams of income, and even assets….it’s unbelievably important.
In today’s podcast, you will listen to three financial managers giving their opinions on diversification.