Today's blog is little investing advice. It's a funny, but informational video from Rich Dad Poor Dad author Robert Kiyosaki on diversification. He humorously calls the word diversify "deworsify." The first time I heard this I got a bit of a chuckle from it. However his theory does hold some water. The most important thing, in my opinion, when examining Robert Kiyosaki's take on diversification is to remember that he is primarily addressing people who want to become wealthy and rich, not just an "average investor."
So watch this video clip and think about your strategy and whether or not you diversify just to play it safe. After all, you are not on this site because you're content with just a hum drum financial plan!