Australian finance podcast

Ep. 18. What is Diversification?

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About this episode:

You: “Diversification. That’s something to do with eggs and baskets, right?”

Not so fast, buster…

Diversification means spreading your investments so you can help control the total risk of your investment portfolio. The aim of diversification is to hold investments that perform differently to each other so that losses made on some investments will be balanced by what you gain on others. However… there are other types of diversification that need to know about. Tune in now!

Resources:

Rask Finance’s diversification investment video tutorial & quiz

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Other episodes:

Ep 113. Your Crash Course Guide to Getting a Mortgage with Chris Bates

Ep 112. Decrypting financial media & avoiding scams (with ABC journalist Pat Wright)

Ep 111. 10 expert tips for first home buyers in 2021

Ep 110. How Owen invests in small-cap ASX shares

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