Will diversify helps for Long term investments

Will diversify or diversification  helps for Long term investments

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    At the time of investments, distribute your risk in various stocks, bonds, mutual funds and other instruments. Golden rule for investment is not to invest more than 10% in any stock or investment of your portfolio. It is also advised to invest in diverse geographic areas such as Europe, United States, Asia and other promising markets. Diversify to commodity funds, hedge funds and property funds. Through this approach, you will be protected if any of the particular sectors collapses.

    Source – Business standard

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