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RE: Are you failing financially and on steemit? Then employ the rich man´s strategy

in #family6 years ago

The rich also diversify across multiple asset classes. Thinking that buying the same amount in the top 10 cryptocurrencies is not a very diverse portfolio since all coins tend to trend the same way at the same time.

The rich on the other hand have Real Estate, Private Business Interests, Publicly Traded Stocks, Cash, Bonds, Gold, Etc. They are protected from problems in any one area and can live another day.

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Well analysed...I indicated this in my older posts. Thanks for your comment

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