Check Your Balances
Managing your money doesn't have to be boring. Check Your Balances is your weekly financial co-pilot, hosted by two experienced financial planners. We deliver straight-talk strategies and expert-level advice to help you save, invest, and finally feel 100% in control on your journey to financial independence.
Check Your Balances
The Illusion of Diversification & Your Summer Mailbag Questions
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In this week's mailbag episode, we are diving straight into the listener inbox to tackle the financial questions on your mind.
First up, we break down a fundamental investing trap: Portfolio Overlap. A listener asks how to actually tell if adding a new ETF to their portfolio provides true, independent diversification, or if they are just buying the same exact stocks under a different wrapper. We discuss how to look "under the hood" of your funds, the difference between asset class diversification vs. fund diversification, and tools you can use to check your exposure.
Check out https://www.etfrc.com/funds/overlap.php to learn more about your ETFs!
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