Ep 225: Building Proper Diversification Into Your Portfolio

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

No matter how much experience you have investing, you’re probably familiar with the concept of diversification. It’s a financial buzzword that gets used all the time and especially during times of market volatility. But what does true diversification really mean?

In this episode, Victor will help you better understand the concept by explaining what it means to us at Palante Wealth Advisors and describe how we help clients build that into their portfolio. Most people have a good idea of what it means to diversify their investments, but the execution can fall short for a number of reasons.

Here is some of what we’ll discuss in this episode:

• How the average person defines diversification. (1:18)
• How Victor defines diversification. (4:41)
• We’ve seen people do pretty well but also not very well with diversification. (6:03)
• Here’s how you can end up being too diversified with your investments. (8:51)
• Victor explains the process Palante Wealth uses to help a client become diversified. (11:03)

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Connect:

Medina Law Group: https://www.jerseyestateplanning.com/

Palante Wealth Advisors: https://palantewealth.com/