4 Investment Myths Busted
Myth 2 – “Investing Should Be Exciting! I Should Diversify as Much as Possible”
We all would love to invest like pros and earn tons of money like Buffett but this is not an over-night deal. People sometimes tend to get carried away with diversifying their investment portfolio that they overlook the risks involved. It is mandatory to have a well diversified portfolio (debt, equity and gold) to beat various facets of the economy but within a certain limit. Many get so engrossed with diversification that managing the portfolio becomes a pain. This often makes the investor lose sight of the investment goal. Invest only when you have adequate information. Never get carried away with hearsay.
