Where's Your Money?

Playing chicken with your investments. 

Diversification is a term that the cool kids investment professionals like to throw around a lot, and for good reason – as Nobel Prize winner Harry Markowitz put it:

“Diversification is the only free lunch in investing.”

Okay, so diversification is important, but what does it mean?

In simple terms, diversification means not putting all your eggs in one basket. But we should probably take this a step further and also avoid putting all our baskets under one roof.