Diversifying Your Investments with Multiple Income Streams

TABLE OF CONTENTS:

  1. Diversifying Your Investments
  2. What is Diversification and Why is It Important?
  3. Why You Want to Diversify Your Investments
  4. How to Achieve Diversification
  5. Diversification Mastery: An Example
  6. Common Asset Types
  7. A Unique Perspective on Diversification

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INTRODUCTION:

When it comes to investing, the importance of diversification isn’t new. In fact, it’s said that more than 2,000 years ago, a Jewish Rabbi advised: “Keep a third of your money in cash, a third of your money in real estate, and a third of your money in business.” Likewise, in the Bible, it’s stated: “But divide your investments among many places, for you do not know what risks might lie ahead.”

At Globerian Financial, LLC, we believe diversification is critical to building long term wealth. And when it comes to diversification, one of the best strategies is to engage in multiple passive income streams. In this e book, we dig deeper into the importance of diversifying your investments using multiple income streams. We explain what diversification is, why it’s important, and how you can achieve it.

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