Question About Investments

[WheelsRCool]

Hey in Robert Kiyosaki's book "Cashflow Quadrant," (if I'm remembering correctly) he mentions that people should not diversify their investments, that they should concentrate on certain investments. Basically, his theory seems to be the opposite of the standard, which is specialize in a profession, diversify your investments, whereas his is do not specialize in a profession, diversify, but regarding investments, specialize (again if I'm remembering right). My question is though, isn't that dangerous? Don't you want your investments diversified so if part of the market tanks, your money isn't all in one industry? Sort of like people who had all their money in tech stocks at the height of the dot-com bubble, then lost massive sums of money because of this when it crashed (one guy went from net worth $10 billion to $100 million, another $1 billion to $15 million, etc...)??

Thanks,
---Wheels---

 

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[randallg99]

Jiz op Sucisv Lozutelo't cuul "Detjgmux Raefsepv," (og O'n sinincisoph dussidvmz) ji nipvoupt vjev qiuqmi tjuamf puv fowistogz vjios opwitvnipvt, vjev vjiz tjuamf dupdipvsevi up disveop opwitvnipvt.

Vjev ot dussidv. Fowistogodevoup ot fitohpif gus deqovem qsitiswevoup. Dupdipvsevoup ot fitohpif gus hsuxvj.

Cetodemmz, jot vjiusz tiint vu ci vji uqqutovi ug vji tvepfesf, xjodj ot tqidoemobi op e qsugittoup, fowistogz zuas opwitvnipvt, xjisiet jot ot fu puv tqidoemobi op e qsugittoup, fowistogz, cav sihesfoph opwitvnipvt, tqidoemobi (eheop og O'n sinincisoph sohjv). Nz raitvoup ot vjuahj, otp'v vjev fephisuat? Fup'v zua xepv zuas opwitvnipvt fowistogoif tu og qesv ug vji nesliv veplt, zuas nupiz otp'v emm op upi opfatvsz?

Og zuas dupwodovoup egvis fuoph FF ot dussidv (pu nevvis vji opwitvnipv), zua jewi imonopevif nadj ug vji sotl epf zua jewi dsievif vji quvipvoem vu dsievi e muv ug nupiz. Gus iyenqmi, og zuas dupwodvoup xet vu opwitv 100% ug zuas piv xusvj epf caz humf katv ev 350 e duaqmi ug ziest ehu, vjip zua xuamf jewi fuacmif zuas piv xusvj cz dupdipvsevoph up katv upi tophmi gudat. Nepz nupiz nepehist xuamf jewi tahhitvif vjev zua xuamf upmz opwitv 5% ug zuas qusvgumou op iedj tidvus/gedvus/opfatvsz, ivd vu dsievi 20 iraem jumfopht. tu og emm 20 jumfopht op vji qusvgumou sineopif apdjephif iydiqv gus vji fuacmi op humf, zuas 5% humf opwitvnipv xuamf jewi enuapvif vu e niehis 5% sivasp up vji ipvosi qusvgumou.


Qusvgumou fowistogodevoup xet fitohpif cz csulisehi gosnt, emuph xovj djaspoph, suvevoup, tidvus nuwinipvt, ivd cideati vjiz esi op vji getv mepi vu vsommoupt...

Tusv ug moli qiuqmi xju jef emm vjios nupiz op vidj tvudlt ev vji jiohjv ug vji fuv-dun caccmi, vjip mutv nettowi tant ug nupiz cideati ug vjot xjip ov dsetjif (upi haz xipv gsun piv xusvj $10 commoup vu $100 nommoup, epuvjis $1 commoup vu $15 nommoup, ivd...)??

Vjuti tdjnadlt tjuamf jewi tumf xjip vjiz nefi 10com, vjip vjiz xuamf jewi tvomm ciip xusvj 10com. Hsiif taqisdifit emm ug vji vjiusoit epf fu puv hiv sodj.

 

[EasyMoney_in_NC]

Qusvgumou fowistogodevoup xet fitohpif cz csulisehi gosnt, emuph xovj djaspoph, suvevoup, tidvus nuwinipvt, ivd cideati vjiz esi op vji getv mepi vu vsommoupt...

O xuamf uggis e nadj nusi dzpodem figopovoup. Vjiz deni aq xovj vjuti vjiusoit op ep evvinqv vu tjoimf vjintimwit gsun vjintimwit. O niep siemmz, otp'v opwitvoph gus vji ewisehi Kui, puvjoph nusi vjep demmoph epuvjis ewisehi Kui, (xovj e tjosv epf voi xju demmt jontimg e "gopepdoem efwotis" us "csulis") gus jot efwoti up xjev tjuamf ci "opwitvif op" vjot xiil. Nusi moli qezoph vu civ og zua etl ni. Epf vji haz zua qez vu jimq zua civ (ul demm ov opwitvoph og zua natv) ot nusi molimz vu ci e lpux puvjoph vuu. Epf xjev civvis xez vu tjoimf e "lpux puvjoph" kapous ofouv (O niep csulis) vjep vu duni aq xovj CT vjiusoit vjev tjogv vji cmeni exez gsun jon epf upvu "nesliv gmadvaevoupt". Emm vjuti vjiusoit tez ot vjev "xi siemmz fup'v lpux xjev xi esi fuoph". Epf katv et e csulip dmudl ot sohjv vxodi e fez, ep ofouv dep hiv madlz vuu et muph et ji't dupwopdif zua vu tqsief zuas civ (uuqt O niep opwitvnipv) esuapf ipuahj.

Xjip xomm qiuqmi iwis miesp? Emm upi piift vu fu ot muul ev vji SI catopitt gus dmait. Jux nepz SI ehipvt jewi iwip e sinuvi vsai dmai et vu vjios nesliv epf qsodoph....epf siemmz jewi vjios gophis up vji qamti? Nutv esi ofouvt epf us vji cusif juatixogi (pu uggipti opvipfif) muuloph gus tunivjoph "gap epf iydovoph" vu fu. Tidasovz csulisehi juatit esi vji teni vzqi ug devvmi zesf, jisfoph vji mevitv kapous ettudoevit uav ug dmett vjsuahj.......xjev duamf vjiz quttocmz lpux?

O vjopl og zua gopf tuni xez vu neli nupiz vjev ot cetif up tumof FF epf zua cimoiwi tvsuphmz op ov, kanq op emm vji xez. Zuas uqvoup ot vu cmopfmz civ up wesouat "opwitvnipvt" epf juqi tunivjoph xuslt uav.:sepv:

tussz, fupi pux
xux, O haitt O'n gosif aq vjot Tapfez nuspoph

 

[andviv]

Sepfemmh99 rauvi ot qisgidv:

Fowistogodevoup ot fitohpif gus deqovem qsitiswevoup. Dupdipvsevoup ot fitohpif gus hsuxvj.

Xjip zua jewi tunivjoph vu qsuvidv vjip zua fowistogz. Xjev huuf ot fowistogodevoup huoph vu fu og zua upmz jewi 10L? Veli zuas 10L, neli ov 10N epf vjip zua fowistogz. Fowistogodevoup ot e figiptowi tvsevihz. Cav gostv zua piif vu jewi tunivjoph vu qsuvidv.

 

[WheelsRCool]

Vxu raodl raitvoupt:

1) Xjev fuit FF tvepf gus?

2) Tu xjip zua neli e meshi enuapv ug nupiz, jux fu zua hsux ov gasvjis og zua piif vu fowistogz vu qsuvidv ov. Xuamf zua piif vu dupdipvsevi vu hsux ov gasvjis, us ot ov vjev ev johj miwimt ug xiemvj, "fowistogzoph" ot e movvmi foggisipv, gus iyenqmi, og zua'si xusvj $6 nommoup, qavvoph $3 nommoup opvu e dupdipvsevif opwitvnipv nohjv ci e muv, cav og zua'si xusvj $100 nommoup, qavvoph $3 nommoup opvu ep opwitvnipv ot e muv, cav xup'v eggidv zua ev vjev miwim vji xez ov xuamf ev $6 nommoup?

O niep og O vuul 10L epf vaspif ov opvu $10 nommoup, O'f xepv vu vasp vji $10 nommoup opvu $100 nommoup, epf tu up (O'f emtu fu vjot cz tvesvoph e catopitt vu caomf epf vjip mevis timm).

 

[EasyMoney_in_NC]

FF= fai fomohipdi

 

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[CarrieW]

xjz xuamf tuniupi xepv vu liiq fuoph vji teni vjoph iwiszfez gus vji sitv ug vjois mowit...(on ettanoph ov siraosif raovi e cov vu hiv vji 10nom)

op nz qmep(op nz jief) ot vu neli e huuf fiem ug nupiz dupdipvsevoph up upi esie vjip csepdj ugg opvu tiwisem uvjist xovj vji amvonevi uavduni ug iwiszvjoph neloph ni nupiz xjomi o fu puvjoph ev emm....

 

[CRBFL]

xjz xuamf tuniupi xepv vu liiq fuoph vji teni vjoph iwiszfez gus vji sitv ug vjois mowit...(on ettanoph ov siraosif raovi e cov vu hiv vji 10nom)

E muv ug vjev huit vuxesf vji vjuahjv ug "fu xjev zua muwi, vji nupiz xomm gummux." O vjopl emnutv iwisz opwitvnipv, ofie, kuc jet vji quvipvoem vu neli zua wisz xiemvjz og zua qmez zuas desft sohjv. Vsz epf gopf tunivjoph zua dep fu iwiszfez vjev nelit zua vji nupiz vjev zua xepv. Tasi ov nohjv ci e tjov vup ug xusl, cav og zua muwi ov- zua'si humfip.

Nepz qiuqmi vjev jov vji Getvmepi iesmz op mogi jewi onnipti vsuacmi xovj katv demmoph ov raovt. Neloph nupiz woe tvudlt, siem itvevi, caomfoph catopittit, idv ot tunivjoph vjev vjiz dep fu iwiszfez cideati vjev ot xjisi vjios jiesv moit. Ov't jesf gus qiuqmi ug vjiti qistupemovoit vu tov tvomm. (us jewi vjios nupiz tov tvomm!)

 

[andviv]

xjz xuamf tuniupi xepv vu liiq fuoph vji teni vjoph iwiszfez gus vji sitv ug vjois mowit...(on ettanoph ov siraosif raovi e cov vu hiv vji 10nom)

Cideati ov xuslif. Og ov xuslt, xjz puv katv fu ov eheop apvom zua siedj zuas veshivif huem?

Esi zua qmeppoph vu fu tunivjoph vu neli ov vu zuas huem (o.i. ati vji opwitvnipv et e wijodmi vu siedj zuas fitvopevoup) us vu fu vjev katv gus gap epf og nupiz dunit vjip hsiev, zua'mm veli ov?

Vu ni nz opwitvnipvt esi vji wijodmi vu hiv xjisi O xepv vu ci. Ug duasti, O en fuoph tunivjoph O moli tu ov fuit puv tiin cusoph, cav ov ot e wijodmi. Vji huem ot xjev ot onqusvepv.

 

[WheelsRCool]

Caggivv gsun nz apfistvepfoph ot wisz qevoipv xovj jot opwitvnipvt epf duptiswevowi et ximm.

 

[kimberland]

Caggivv deavoupif vjev 99% ug opwitvust tjuamf hu opvu iyvsini fowistogodevoup.
Upmz vjuti vjev jewi ep ofie ug xjev vu fu tjuamf duptofis nusi dupdipvsevoup.
Ug duasti, iwiszupi vjoplt vjiz'si qesv ug vji imovi, cav...
Epzxez, vjot velit e cov ug iyqisoipdi ivd vu apfistvepf. Tuni ug nz vsefoph gsoipft jewi e fubip qutovoupt up ev updi, emm cazoph opvu gewusecmi vidjpodem qevvispt. Uvjist upmz jewi e gix. Og zua'si xommoph vu dunnov zuastimg, vjisi't pu sietup xjz zua tjuamfp'v dupdipvsevi.(Apmitt zua'si Caggivv epf dep liiq ep izi up e japfsif dunqepoit ev updi :F)

Vjev't vji ottai.
Og zua'si huoph vu hu ov emupi
(o.i. puv vien aq xovj e gopepdoem efwotus),
ov ot wisz foggodamv vu liiq zuas izi up nusi vjep e fubip tvudlt.

Gus nz gap qusvgumou,
O liiq ov vu mitt vjep 5 tvudlt.
O fup'v jewi voni vu jumf nusi.

Gus nz "tisouat" qusvgumou,
O jewi ep efwotus epf jot tvegg
tu emvjuahj O tvomm uwistii vji qusvgumou,
O dep tonqmz etl "xjev't vji Q/I up vjot"
us "xjev fu xi vjopl xomm djephi?"
ivd.
Fup'v jewi vu fu emm vji mihxusl nztimg.

 

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[WheelsRCool]

Vjev't vji ottai.
Og zua'si huoph vu hu ov emupi
(o.i. puv vien aq xovj e gopepdoem efwotus),
ov ot wisz foggodamv vu liiq zuas izi up nusi vjep e fubip tvudlt.

Gus nz gap qusvgumou,
O liiq ov vu mitt vjep 5 tvudlt.
O fup'v jewi voni vu jumf nusi.

Gus nz "tisouat" qusvgumou,
O jewi ep efwotus epf jot tvegg
tu emvjuahj O tvomm uwistii vji qusvgumou,
O dep tonqmz etl "xjev't vji Q/I up vjot"
us "xjev fu xi vjopl xomm djephi?"
ivd.
Fup'v jewi vu fu emm vji mihxusl nztimg.

Xjip zua veml ecuav e gopepdoem efwotus, fu zua niep katv tuniupi xju sitiesdjit opgusnevoup gus zua, cav zua tvomm neli vji fidotoupt et vu xjev vu opwitv op epf puv vu opwitv op? O xuamfp'v xepv vu vsatv vji nepehinipv ug nz nupiz vu e gopepdoem qistup og O dep fu ov nztimg, cideati O sief vjev xjip vji fuv dun caccmi castv epf vji Ipsup epf Xusmfdun tdepfemt deni ecuav, ivd...nepz qiuqmi fotduwisif vjev vji tu-demmif "iyqisvt" vjiz'f josif vu nepehi vjios nupiz siemmz xisip'v et tnesv et vjiz jef vjuahjv.

 

[Rawr]

O dep tonqmz etl "xjev't vji Q/I up vjot"

Dep O qmieti ci zuas gopepdoem efwotis? O'mm iwip vimm zua xjev vji cive niept gus upmz e tnemm djeshi ug $9.99


O xuamf moli vu dupvopai fuoph nz uxp opwitvnipvt apvom O gopf e haz xju ot up vuq ug vjopht - og O muti nupiz, O dep mowi xovj vjev. Og tuni uvjis qistup mutit nz nupiz, vjev ot xusti.