Stories reinforce knowledge and are one of the best methods for teaching financial principles, like the 3D’s of Investing.
We’ve talked about the 3 Legged Stool (Diversification), the Clock Story (Discipline) and the Cow (Dollar Cost Averaging). This week we discuss the story of the Elevator (Diversification).
Strategies, like diversification done properly, limit the natural effect of the market as it changes, volatility.
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