What is data diversification?
Data diversification refers to the strategy of spreading investments across various assets to reduce risk.
Why is data diversification important?
It's important because it helps mitigate risks associated with market volatility and can lead to more stable returns.
Can you give me an example of data diversification?
Sure! For instance, instead of investing all your money in tech stocks, you might invest in a mix of stocks, bonds, and real estate.
How can I apply data diversification in my portfolio?
You can apply it by allocating your investments across different asset classes, sectors, and geographic regions.
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