Retirement Mistakes We All Make (Part 1): Diversifying Is For Idiots! REALLY?!

A lot of people online say “diversification is for idiots.” So… is it really BS? 🤔 In Part 1 of our 3-part mini series on Retirement Mistakes, we talk about why this statement keeps popping up—especially from famous finance voices—and why it might make sense for some people… but not for couples preparing for retirement like us. Hindi kami financial advisors. Mag-asawa lang kami na preparing for retirement and sharing what we’ve learned along the way. As a couple, we’ve realized that diversification isn’t just an investment strategy—it’s also a relationship tool. Kasi pag nagkamali, hindi lang isa ang apektado… kami pareho. This is Part 1 of our 3-part Retirement Mistakes mini series. Part 2 and Part 3 will cover other common mistakes people don’t realize they’re making until it’s too late. Timestamp: 0:00 Introduction-why people are saying diversification is useless, for idiots 1:28 Why anti-diversification trend exists 3:39 Concentration vs diversification 6:52 Risk tolerance changes with age 8:58 What exactly is Diversification 11:14 The couple angle - Diversification is also aa relationship tool 13:26 Diversification is not perfect  14:00 Outro We talk about: • Why some people say diversification is “useless” • When concentration can work—and when it can destroy you • Why risk tolerance changes as you get older • How different risk personalities in marriage affect money decisions • Why protecting your future matters more than chasing big returns 👉 This is Part 1 of our 3-part Retirement Mistakes mini series. Part 2 and Part 3 will cover other common mistakes people don’t realize they’re making until it’s too late. Check out our channel for more videos : https://www.youtube.com/channel/UCwZEfU5vkYMM8_ft_xwaz3g for business inquiries: haven.eileen@gmail.com