The Power Of Diversification

<p>Do you get nervous when the stock market goes bad? Where are good places to invest? Discover the power of diversification to conquer volatility and uncertainty.&nbsp;</p> <p>In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about diversification of your portfolio in order to keep more dollars in your pockets.</p> <h3><strong>Topics Discussed:</strong></h3> <ul> <li>What&rsquo;s diversification? Spread money across investments for risk mitigation</li> <li>Options/Odds: Should you spread eggs into more baskets to grow a nest egg?</li> <li>Benchmark: How to track and measure success with investments in stock market</li> <li>ETF Tickers: What to search for/consider for spread of diversification categories</li> <li>Cryptocurrency: Is it a good way to diversify? Maybe, too new to know for sure</li> <li>Real Estate: Not good way to diversify if actively involved, not passively</li> </ul> <h3><strong>Links:</strong></h3> <p><a href="https://financeforphysicians.co/2022/02/24/what-is-passive-investing/">What is Passive Investing?</a></p> <p><a href="https://financeforphysicians.co/2021/06/03/investing-in-digital-gold/">Investing in Digital Gold</a></p> <p><a href="https://investor.vanguard.com/mutual-funds/list">Vanguard Funds List</a></p> <p><a href="https://www.google.com/finance/?hl=en">Google Finance</a></p> <p><a href="https://www.morningstar.com/">Morningstar</a></p> <p><a href="https://financeforphysicians.co/contact/">Contact Finance for Physicians</a></p> <p><a href="http://financeforphysicians.co/">Finance for Physicians</a></p> <h3><strong>Full Episode Transcript:</strong></h3> <p>Hello, everyone. Hey, I hope you're having a great day. I was talking with a buddy two days ago and a conversation came up. The same sort of conversation happens with me a lot. The gist of the conversation was, "Oh, you're in finance?" (This is the guy talking to me.) "Oh, well, I've been investing in stocks. I have this one that I've been investing in since the stock market went down in