444: 3 Assets That Might Not Diversify as Well as You Think
Episode description
Diversification is a key principle in investing, where you often combine assets with differing performance characteristics. However, this strategy is not foolproof.
In this episode, we discuss:
- The definition of "uncorrelated assets"
- Why real estate's correlation with stocks has increased
- What you need to know about "junk bonds" and crypto
- Assets that ARE negatively correlated
Today's article comes from Morningstar.com titled, 3 Assets That Might Not Diversify as Well as You Think. Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade, breaks down the article and provides thoughtful insights and advice on how it applies to your unique financial situation.
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Show Notes: Howardbailey.com/444
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