Investors 'need to diversify'
Investors should consider diversification as the best way to ensure a sound financial future, an expert has claimed.According to Jason Butler, partner at financial planners Bloomsbury Financial Planning, an investor looking to secure good long-term gains should see a diverse portfolio and the passing of time as key to successful investing."Diversification and time are your two friends," he explained.He added: "For long-term investments it does not really make any difference whether the market is imploding or exploding."Mr Butler concluded that investors should not panic about what is happening in the financial sector at present because this is only the short-term, while long-term growth is where people should be focussing their attention.When investments are made with an eye to long-term gains, the fluctuations of the market matter less.
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