3 Tips for Diversifying Your Portfolio

Tips for Diversifying Your Portfolio

tips for diversifying your porfolio
Image Credit | Manulife

Are you an OFW or ordinary Filipino thinking of investing? Here’s a tip: The stock market can go up or down at any moment that’s why it’s very important that you don’t put all your eggs in one basket.

Diversification is your best defense against stock market swings.

3 Tips For Diversifying Your Portfolio

  1. Invest in companies you know, trust, and even use in your day-to-day life
  2. Add fixed income to the mix, hedging your portfolio against market volatility
  3. Keep building by investing regularly and take advantage of cost-averaging