Brightwater Advisory

A Registered Investment Adviser

"Diversification is really a form of humility"

This piece by RiverFront Investment Group is a short, but effective read on the balance of what I like to call taking "respectful risk," in that there is a fine line between taking enough, but not too much.  

I particularly like their references to the late 90's, Japan, putting everything in your employer's stock, including your job, as well as the part on the emotional challenges of diversifying.

Diversification in our opinion is a core building block to investing, whether you choose to use it or not.