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What Happens When We Forget To Diversify

If your stock portfolio has been hit hard because you are too heavily invested in the financial sector, sob.

If you acquired more debt than you can handle, holler.

Go ahead and get it out of your system. Then learn from all this mess.

What we are seeing was badly needed and inevitable. And really, where did it all start?

It began when just about everybody and her mama -- banks, brokerages and individual borrowers -- forgot one basic principle of money management: diversify.

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