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, 07:43, January 28, 2024
According to Investopedia, "Diversification is a risk management strategy that creates a mix of various investments within a portfolio. A diversified portfolio contains a mix of distinct asset types and investment vehicles in an attempt to limit exposure to any single asset or risk."<ref>[https://www.investopedia.com/terms/d/diversification.asp Diversification], Investopedia</ref>
== External links ==
*[https://www.investopedia.com/terms/d/diversification.asp Diversification]
*[https://www.forbes.com/advisor/investing/what-is-diversification/ How Diversification Works, And Why You Need It], Forbes
*[https://www.investopedia.com/investing/importance-diversification/ The Importance of Diversification], Investopedia