How can I diversify my investment portfolio?
Diversifying your portfolio means spreading your investments across various asset classes. This can reduce risk.
What types of assets should I consider?
You might consider stocks, bonds, real estate, and commodities. Each has different risk and return profiles.
How much should I allocate to each asset class?
A common strategy is the 60/40 rule: 60% in stocks and 40% in bonds, but it depends on your risk tolerance.
Are there any tools to help me with this?
Yes, there are many online portfolio management tools and robo-advisors that can help you create a diversified portfolio.
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