Why Should You Diversify Your Investments?

Three Assorted-color Eggs

Old McDonald had a farm. And in that farm, he had a hundred hens. When the hens laid eggs, old McDonald gathered them in a basket and merrily started his journey to the market. Old McDonald had high hopes of making big bucks that day. The road went downhill. Old McDonald lost his balance. The poor old fellow, like Jack and Jill, went rolling and tumbling down the hill. Alas! Not only was he badly hurt, but all the eggs were gone for good. Old McDonald cried and cried and cried, but nothing could bring him back those spoiled eggs. He couldn’t recover from the loss! Hence, the adage – “Never put all your eggs in one basket.”

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Brexit has a message for you. And it’s a warning!

Brexit financial crisisGlobalization is perceived to be good, until it is not anymore. Brexit showed that people in Haryana, Mumbai, Hyderabad or other cities in India are not immune to how people vote in Westminster! This is an example of what happens when employees, investors, and retirees don’t have a risk management plan in place. Let’s look at the bloodbath Brexit caused in the Indian financial sector. Read more