True diversification spans account types, tax treatments, income sources and time horizons — not just ticker symbols.
Owning thirty funds that move together is not diversification. Real resilience comes from spreading risk across dimensions.
Diversify by purpose
Money for next year, money for the next decade and money for the next generation should each be positioned differently.
Diversify by tax treatment
A balance across taxable, tax-deferred and tax-free accounts protects you from rules that have not been written yet.
Diversify income
Pensions, Social Security, portfolio income and protected income streams together make retirement far less fragile.
This article is for educational purposes only and is not tax, legal or investment advice. Speak with a licensed professional about your own situation.
