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How To Build Your Stack + Millennials Ditch Financial Advisors

The Stacking Benjamins Show

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How to Get Rich by Diversifying Your Investments

Under diversifications, it is important if you want to get rich because of the fact that that's how it works. The key concept to know if you're trying to get wealthy on your money is to under diversify. But when people ask a financial plannero i get rich? And the financial planner tells you to put your money in the s and p 500, that's not a way to get rich. So instead of 300 names, maybe i buy five. Now with the same amount of money, 300 vers as five. Under diversifying is clearly the way to wealth, but it's also the way to huge destruction. Emily: Has the pandemic changed any of this advice?

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