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Why Diversification is a Smart Money Move

Playing games is fun, but not when it comes to your life savings. Timing the market is when you try to predict ups and downs to move in and out of investments. The problem is, it just doesn’t work. Having a diversified investment portfolio is a much better strategy for keeping your concentration risk low and smoothing your returns. TraciRichmond, RICP® explains why people who are smart about money always diversify. For a deeper dive into what happens when you try to time the market, and why it’s better to diversify, click here.
Investing involves risk and you may incur a profit or loss regardless of strategy selected. Asset allocation and diversification do not guarantee a profit nor protect against a loss.

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Traci Richmond and not necessarily those of Raymond James.
Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website’s users and/or members.

Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website’s users and/or members.

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