We all know that we currently live in an uncertain economy. No matter what the political powers claim, we can all see the national debt increasing and poverty continues to grow. In the near future, I would not be shocked if our economy suddenly worsened. So, what do we do to prepare for a potentially volatile economy? What do we do with our investments?
The easy answer to this question is “diversify”. That’s what we always hear our financial advisor say, right? But what does that really mean? Ok, so I can choose a couple different stocks, but does that mean my money is that much safer? After all, it’s still all in the stock market.