Diversification
A few years ago, I was approached by a Merrill Lynch stock broker who said, “Keith, you should invest in the stock market, it has always gone up over the last 100 years”. He then showed me a litany of charts that proved his assertion. My initial thought was, if the stock market always increases why not be a part of that? I wanted to diversify my portfolio anyway so I wrote him a check to start the investment process. ..