Since the 2008 stock market meltdown, investors of all stripes and styles are struggling like never before, and investors who practiced diversification are probably the most baffled.
"Diversification" is the most basic belief of modern finance, and theoretically, it should have provided a soft landing. After all, how many times have you heard financial advisors say, "don't put all your eggs in one basket"? What some financial advisors may not understand is that the benefits of diversification seem to disappear precisely when you need them - when financial markets tank.
If you're still hearing the "diversification" mantra from your financial advisor, maybe it's time to call for a second opinion.
Call (253) 850-3055 for a free consultation!
Securities offered through Securities America, Inc. Member FINRA/SIPC Advisory services offered through Securities America Advisors, Inc.
D. Scott Fife, Financial Advisor
Alaska Airlines/Horizon Air Employee Federal Credit Union is not affiliated with the Securities America companies. Not NCUA Insured, Not Credit Union Guaranteed; May Lose Value.
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