WHAT?
Concentration risk is where you have too much of your income or assets concentrated in one area.
source of income or all of your investments in one place. Make sense?Is it normal? Yes!
Is it good? No!
Why not? Good question, my friend.
What happens if you lose that income (a.k.a. get fired) or that asset goes down (a.k.a. market tanks)?
You’re toast!If you’d like to know what I’m doing to reduce risk, check out the link below.
https://rn132.isrefer.com/go/tpo/kepo/FbVipaccess
Make your day great!