Diversification
Focused Financial Planning, Inc. believes diversification is the holy grail of investing. Without a solid diversification, any portfolio is exposed to too much risk that is not necessary. Diversification will certainly never give you a 30 percent up year, but on the other hand, you will be protected in a downturn to some extend.
Diversification will decrease volatility and therefore make you more comfortable sleeping at night, which is in the end probably the most important goal.
Swiss Precision. American Knowhow.™