
59. “98% of our net worth is in real estate. Are we in trouble?”
Money For Couples with Ramit Sethi
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How to Diversify Your Investments in Real Estate
Having multiple properties in one location is not diversified. You could lose a huge percentage of your net worth if the city suffers a natural disaster, or people become uncool and it becomes this downward spiral. The intention is to balance our the diversification of our investments. Right now, georgia and james are overweighted in one asset class, real estate, and they are under diversified in their location. It is very smart to make changes before something bad happens.
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