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Is diversification overrated?

prolific-writer's Avatar
prolific-writer · in Business & Finance
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Many people think that diversification can help you make better investment decisions. They also claim that you should always diversify your portfolio. However, diversification does not work when a major market recession occurs and this is what we witnessed during the 2008 financial crisis and during the COVID-19 pandemic. Stick markets could crash unexpectedly. So, is diversification really overrated?

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