Investing Rule#4: Diversify! Diversify! Diversify! (common sense investing)

[luisrock2008]

I thought this was about science. :(

[FinancingLife101]

@luisrock2008 Nope. This isn't rocket science. You'll do just fine using common sense and simple arithmetic.

[eriklvandijk]

My compliments. Great way of explaining something difficult in an easy way.

As a former scientist turned practitioner (advising pension plans now on their Emerging Markets investments and Asset Allocation) I know that it is not just about rocket science. It is also about communication so as to ensure that people will avoid the biggest mistakes.

Correlation, diversification and risk management never got the attention they deserve.

Keep up the good work!

[FinancingLife101]

@eriklvandijk A belated thank you for this comment. I had fun making these videos. And you are right, it doesn't have to be complicated if you just do a few things right and avoid the common mistakes. Goodness, those words sound an awful lot like my mentor John C. Bogle. It appears that you are actively educating the public as well. Thank you for that!