I was listening to a popular Christian financial advisor the other day. He received a call into his radio program and the caller, who sounded somewhat confused and distraught, asked for some advice. He had purchased a home in Colorado for $500K three years prior, paid off more than half of it, and was in […]
If you’ve ever heard a financial analyst or planner speak about money to a layperson, the term “diversification” most certainly came up. They usually advise amateur investors to spread out their investments so that if one of the investments performs poorly, the others can pick up the slack. This protects the investor from losing everything
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