May 3, 2022
Why It’s Important to Diversify Your Real Estate Portfolio
When it comes to investing, you’ve probably heard that diversifying your portfolio is one of the most important things you can do - and it’s true. But what does diversifying really look like, and why is it so important? Diversification in real estate means investing your money into multiple different opportunities or assets to help ensure the best chances to see your investments grow while minimizing the risk of your investments decreasing. Instead of having “all of your eggs in one basket,” diversifying your real estate portfolio minimizes risk for the long-term. So if one of your investments doesn’t do great year-over-year, your account doesn’t tank because you took the time to diversify from the start.
