“In the world of investing, there’s a golden rule: diversification. It’s like the age-old advice of not putting all your eggs in one basket. By spreading investments across various asset classes, market sizes, industries, and even geographical locations, you can significantly reduce risk and create a more stable portfolio. We often say, wealth can be built through concentrated positions, but wealth is maintained through diversification.”

In this recent piece HoyleCohen Wealth Advisor Brandon Bol, MSF, CFP®, outlines how diversification can help you navigate the often-choppy waters of the investment world.

The information provided here is general in nature and is shared for information purposes only; nothing herein should be interpreted as investment or tax advice. Any and all tax laws and/or specific tax rates referenced are subject to change. It should not be assumed that future performance of any specific investment or investment strategy will be profitable. Always consult your CPA/tax advisor/attorney (or reach out to us) to discuss your specific situation. All investments carry the risk of loss, including the permanent loss of principal. Past performance is no guarantee of future results.