You may have heard the old adage: “What is worse than being lost? Not knowing you are lost.” In that same vein: What is worse than being at risk? You guessed it! Not knowing you’re at risk.
For many investors, portfolio diversification is just that. They think they are protected, only to find out later just how at risk they were.
Diversification is the holy grail of portfolio safety. Many investors think they are diversified in every which way. They believe they are a