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Clarence Chua
27 Apr 2019
Financial Planning Specialist at Prudential Assurance Singapore
Hello!
I personally think that most people would invest in stocks or bonds etc, in order to diversify your portfolio you can also consider investing in commodities such as oil.
It is also important to keep building your portfolio and regularly add to your investment. In order to have a diversified portfolio, lump sum investing is important, where you invest a sum of money into certain areas. By doing more lump sum investment it is highely likely that you will be able to diversify your portfolio since you will likely be engaging in different kinds of investments. Hope this helps!
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Hariz Arthur Maloy
04 Mar 2019
Independent Financial Advisor at Promiseland Independent
You diversify to try and eliminate or mitigate risk.
A few of them include concentration risk, rei...
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A simple way is to look at the asset classes of your portfolio and the industry they are invested in.
There 6 major asset classes. If you have holdings in all 6, you are probably more diversified than most.