Diversify, diversify, diversify — that’s the oldest investment advice in the book, and not only that, but perhaps the wisest, too. It wouldn’t be repeated endlessly by financial gurus and investors if it didn’t have plenty of merit behind it.
If anything, the ongoing pandemic showed the advice’s true wisdom. No asset or business sector was bullet-proof against the pandemic — but of course, some were impacted more than others.
Coming out of COVID-19 (whenever that may be), you’ll want to be diversified into a few key areas because they’re primed for long-term growth, and whose portfolio couldn’t benefit from that?
Source: https://www.entrepreneurshipsecret.com/best-areas-to-diversify-your-investments/