"Too many eggs in one basket" – in financial lingo that means you have a "concentrated portfolio" or that you "lack diversification".
A concentrated portfolio (whether in a specific share or property) can sometimes deliver excellent results. The question is how much "risk" are you taking on by holding this concentrated position, and what could go wrong? For example, a competitor could gain market share, or a nearby development could reduce the appeal of a rental property.
Keeping more than one basket for your eggs is a good idea, so that the inevitable investment mishaps (which happen to everyone) have minimal impact on your financial position.
If the above sounds like one of your financial quandaries, then we’d suggest you contact us to see how we can help.
