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<p>[QUOTE=&quot;drathbun, post: 1687078, member: 42789&quot;]Exactly. It&#039;s called diversification. If you are 100% confident that your one investment is correct, go all in. But if you&#039;re wrong, you&#039;re really, really wrong, and you could lose everything. Go back and read some about the Enron employees who were heavily invested in their own company stock. Same thing for folks that worked for MCI. Make two choices and you only have to be right 50% of the time. Make 3 choices for investing and you only have to be right 33% of the time. Will your three choices outperform the one in a best case scenario? Of course not. But will your three choices have the same risk of losing 100% of your investment? Nope. The likely hood of three different assets (and I&#039;m assuming not just 3 stocks, or 3 mutual funds, but 3 different classes of assets) all going to zero value at the same time is extremely low. That&#039;s why I own stocks, land, and yes, some precious metals. I don&#039;t anticipate retiring off of any one of them, I anticipate retiring on all of them. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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