DIVERSIFICATION

[Fishhead24]

There are many, many intelligent posters in this investment forum.

How do you diversify your investment income?

Personally, I feel if one is investing in stocks they need to have at least 5 stocks minimum in 4 different sectors(Cramers rule).

Then one has to diversify outside of the stock market also........real estate, collectibles, savings accounts, commodities, etc., etc.

I believe diversification the key to safe and longterm gains and something everybody should grasp at a young age.

Which brings up a question.......

Should a young person under 30 take more risks and be less diversified than say somebody over 50.........or should they stay as diversified as possible and grind away profits?

Thanks for your input,
-FH-