You might have heard the phrase “Don’t go all-in on a single bet” somewhere before. In the world of investing , this phrase is a golden rule that you must adapt to. Diversifying your investing portfolio is one approach to do this. It’s like putting a financial safety net over your assets . Actually, it’s all about mitigating the effects of a turbulent market . Let me walk you through the key concepts of portfolio diversification . We’ll also highlight its importance in risk

Creating a balanced portfolio is crucial for mitigating risk and achieving steady returns over time. A well-diversified portfolio (which spreads investments across different asset classes, such as stocks , bonds , commodities, and mutual funds) provides protection against market volatility . Moneycontrol offers tools that assist investors in efficiently creating and monitoring balanced portfolios . This guide will navigate you through the steps necessary for crafting a bal