There are plenty of areas within your portfolio in which you can diversify; i.e asset class or currency but why is it so important? Well, I’m an economist by profession and I read somewhere that there are two types of economists. Those who know the future, and those who don’t know they don’t know the
Investopedia describes diversification as a risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique contends that a portfolio constructed of different kinds of investments will, on average, yield higher returns and pose a lower risk than any individual investment found within the portfolio. In simple terms, diversification is encapsulated (I did say simple terms
Stella Sata is Head of Operations at BroadPay, a payments company based in Lusaka Zambia. She’s also 25 years old and has a plethora of accomplishments to her name. She’s a Masters Degree holder, a Mandela Washington Fellow, BOZ Governor’s Award winner and a successful entrepreneur but how did she get here? Stella started