Your Job Is the Biggest Position in Your Portfolio. I Diversified Everything Except the Thing That Pays for It.
My world ETF is spread across an entire developed-market index, and every euro that buys it comes from one employer, one country, one currency. Your job is the biggest undiversified position you own. Here is what actually reduces the risk, and why seven income streams does not.
Sep 18, 202616 min read
Dennis Vymer