Money word

Diversification

Spreading money across many investments so one loss can't sink the whole thing.

Diversification means not putting all your eggs in one basket. By owning many different companies — often through a single index fund — a portfolio no longer rises or falls on the fate of any one of them. It's the simplest, most reliable way to lower risk without giving up long-term growth.

Explain it to your kid

"Owning many different investments, not just one."

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