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What Happens When We Forget To Diversify
The Washington Post; subscription may be required
Sept. 30, 2008
Excerpt: When you diversify, all you're really doing is hedging against a future unknown. It's like using crutches after you break your leg. You have to distribute your weight just right to keep from falling or putting too much pressure on any one side of your body. The same is true with your money. You have to be strategic about accumulating cash, debt and assets. If the distribution of any one of those areas is way off, you can fall.
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