IFB287: Listener Q&A – Employer Stock Plans
The Investing for Beginners Podcast - Your Path to Financial Freedom
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How to Diversify Your Investments to Avoid Downturns
Diversification can help you do Is avoid some of those downturns by pointing ahead. Instead of having all your stock in google can have it in other companies that are maybe not tech related and that could be helpful too. Charlie Munger has been able to pick Some great companies and be really concentrated for a really really long time And he's 99 years old and I guess he doesn't care It's just a different mindset. He sits on the board for Costco For example, which is one of his biggest holdings If there's not a company he doesn't know better than Costco I don't know what there is.
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