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What is investment portfolio diversification?
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[QUOTE="Lens1000, post: 251172, member: 37726"] Diversification is one of the most important thing that one should take into consideration in one's life because it is needed. Gone are the days when they will tell you that you should do one business but now, one source of income is not enough to foot ones bills. We will need to do some other things to augment what you're doing presently so as to be able to balance your financial life. This is basically one of the best practices that one could put in place in order to maintain financial freedom. There are so many people that has multiple streams of income and they never lack financially. You should take a look at the rich people or wealthy people in the world today, you will notice that they have multiple streams of income and that has really worked for them. If you look at the life of the likes of dangote and the rest of them you will notice that they have multiple streams of income. Considering dangote as a case study, he has so many companies ranging from the cement factory, the sugar factory, petroleum industry , he is even building the biggest refinery in Africa presently [/QUOTE]
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