All content for AM I RICH YET? is the property of robmcclelland61 and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A weekly podcast helping young Canadians spend, save and grow their money smarter.
Episode 14: Diversification - Who doesn’t like a free lunch?
AM I RICH YET?
19 minutes
3 days ago
Episode 14: Diversification - Who doesn’t like a free lunch?
In Episode 14 of the 'Am I Rich Yet Podcast,' co-hosts Georgia, an MBA student from Sydney, and her father Rob, a retired financial advisor, delve into the importance of diversification in investing. They discuss how diversification minimizes risk, provides growth opportunities, and offers psychological reassurance. Through engaging analogies and examples, they explain diversifying by country, company size, industry, and value versus growth. The episode emphasizes the importance of spreading investments to avoid the pitfalls of concentrating on single investments, ensuring a more secure and balanced financial strategy.
AM I RICH YET?
A weekly podcast helping young Canadians spend, save and grow their money smarter.
