Investor Tip of the Week: Trends are a great indicator of a company’s potential, but external factors can arise that add kinks into the equation. A CEO may get hit by a bus, a war might keep people from leaving home or a new company or technology might enter the scene and render everyone else obsolete. As with all risks, assess each one based on sound information. Nothing is written in stone, but this is where diversifying can help. If an unforeseeable factor hurts one of your stocks, the diversification can help limit the impact on your overall portfolio. Check out my Facebook page to join in on the conversation and don’t forget to share my latest tip with your friends, too! Happy investing!
Investor Tip of the Week
Investor Tip of the Week: Trends are a great indicator of a company’s potential, but external factors can arise that add kinks into the equation. A CEO may get hit by a bus, a war might keep people from leaving home or a new company or technology might enter the scene and render everyone else obsolete. As with all risks, assess each one based on sound information. Nothing is written in stone, but this is where diversifying can help. If an unforeseeable factor hurts one of your stocks, the diversification can help limit the impact on your overall portfolio. Check out my Facebook page to join in on the conversation and don’t forget to share my latest tip with your friends, too! Happy investing!