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*[https://www.investopedia.com/investing/importance-diversification/ The Importance of Diversification], Investopedia
*[https://www.investopedia.com/investing/importance-diversification/ The Importance of Diversification], Investopedia
== Diversification for a business ==
== Revenue diversification for a business ==
''See also:'' [[Revenue diversification and businesses]]
''See also:'' [[Revenue diversification and businesses]]
Diversification is a risk-reduction strategy for a business involving adding products, services, locations, customers and markets to your business's portfolio.<ref>[https://www.tradecommissioner.gc.ca/guides/spotlight-pleins_feux/spotlight-diversification-pleins-feux-diversification.aspx?lang=eng Spotlight – Market Diversification]</ref>
Diversification is a risk-reduction strategy for a business involving adding products, services, locations, customers and markets to your business's portfolio.<ref>[https://www.tradecommissioner.gc.ca/guides/spotlight-pleins_feux/spotlight-diversification-pleins-feux-diversification.aspx?lang=eng Spotlight – Market Diversification]</ref>
Articles on revenue diversification for a business:
*[https://web.archive.org/web/20210310022157/https://www.forbes.com/sites/melissahouston/2021/03/04/the-importance-of-revenue-diversification-in-business/?sh=2eb10d712b4e The Importance Of Revenue Diversification In Business], Forbes
*[https://web.archive.org/web/20230530015106/https://www.forbes.com/sites/melissahouston/2023/05/24/empower-your-business-by-diversifying-income-streams/?sh=6e3a621e4864 Empower Your Business By Diversifying Income Streams], Forbes
*[https://web.archive.org/web/20230606221217/https://www.forbes.com/sites/williamcraig/2015/04/24/business-diversification-the-risk-and-the-reward/?sh=f35147c7d09c Business Diversification: The Risk And The Reward], Forbes
== Diversification for an economy ==
== Diversification for an economy ==