Question

I have to write a short explanation about diversification and its importance. I'm not good with explaining things... could someone give me some tips?

Answer 1

Using "I-statements.” You are likely to get more of your listener’s empathy if you express more of what you are seeing and hearing, feeling, interpreting, wanting, and envisioning.

Answer 2

Diversification is simply the “act of introducing variety.” Though it can be used in a number of different contexts, when it comes to managing your money, there are two main places you should ensure you are using it — your income and your investments. Financial diversification helps reduce risk in your finances and is an important part of making sure that your financial goals aren’t derailed by the unexpected.

Answer 3

Thank you!! :D