Financial Security

Why Should You Diversify Investments? The Benefits of Diversification

If there is something you should definitely know when it comes to your investment, it is the importance of diversifying your investments – that is, spreading them across as many different types of investments as possible from physical assets, savings, and various stocks (check out Canadian stocks here). A well-diversified portfolio reduces vulnerability to various investment risks and can improve expected returns. Another major advantage – diversifying and staying invested ensures a smoother journey to…

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Financial Security

The Illusion Of Money

Most people will assume that they are familiar with the prices of goods and services and can therefore form an informed opinion about the value of their salary, savings and investments. However, an important economic theory holds that this is not the case. People tend to confuse the nominal value of money with its real value. Therefore, it can be believed that the one euro in the wallet is worth more and is sufficient for…

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