From Contrarian Outlook: Today we’re going to take on one of the biggest investing myths there is–and expose this so-called “gospel” for the dangerous falsehood it really is.
It goes like this: diversification protects you from big losses in a downturn, but that “shield” costs you in the form of income and missed gains.
Well, I’m here to tell you that this statement couldn’t be more wrong. The truth is, you can have both.