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Financial Terms Everyone Should Know – Diversification & Asset Allocation

Charlie Marlow
9 months ago
1 min read

Diversification is a fancy word for not putting all your eggs in one basket. By investing across several types of investment vehicles, you can reduce your risk. Holding a portfolio with various classes of assets, will allow you to earn a higher yield with less risk, than owning only one individual security.

Your asset allocation, or mix of investments, will play a major role in the long-term growth and stability of your portfolio. There are many types of stocks, bonds, funds, and cash vehicles that one can use to achieve their goals.

Find Out More with MyMilitarySavings.com and Finances!

Charlie Marlow

With over 22 years of active-duty Air Force experience in military pay and travel entitlements, Charlie Marlow brings his extensive knowledge of military finance with his passion to help others reach their financial goals through common sense financial practices. Charlie holds a BS in Business Finance from Liberty University, is an Accredited Financial Counselor®, a Dave Ramsey trained Financial Coach, and co-founder, administrator, and frequent contributor to the Facebook group Military Money Matters. He still supports the Air Force and DoD as a contractor budget analyst at the Pentagon. When not writing or helping others create a personal financial plan, you can find him cycling around the National Capitol Region or enjoying classic TV shows.

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