{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Diversification, Explained in Ice Cream","description":"Diversification is a risk management strategy that mixes a wide variety of investments within a portfolio. We\u2019d venture to guess that everyone who is listening to this podcast is very familiar with this concept, but it often gets confused with asset allocation. In this episode, Laura Stover, RFC\u00ae and Michael Wallin, CFP\u00ae will unpack diversification on this show and do so using the analogy of ice cream. We all crave this balance within our investments but you don\u2019t want to over-indulge and reduce the effectiveness of what you\u2019re trying to accomplish. All investors have to accept the idea of risk regardless of how conservative their portfolio might be, so proper diversification can help prevent too much exposure to any single type of asset or risk. Find out if you\u2019re diversified and learn more about how we help build this into our clients\u2019 portfolios. Redefining Wealth\u00ae Custom Blueprint Income Plan: https:\/\/redefiningwealth.info\/schedule\/ Rate, Review and Subscribe to the Podcast:  https:\/\/podcasts.apple.com\/us\/podcast\/retirement-talk-podcast-with-laura-stover\/id571347188 How to Connect: redefiningwealth.info lswealthmanagement.com Schedule a Review: https:\/\/redefiningwealth.info\/schedule\/ &amp;nbsp; Timestamps (show notes): 5:42 \u2013 How do you know if you\u2019re diversified? 10:44 \u2013 Why a portfolio might not reflect the returns of the market. 14:53 \u2013 Reviewing portfolios and rebalancing investments 19:35 \u2013 Is the market the most efficient way to create income? &amp;nbsp; ","author_name":"Retirement Talk Podcast with Laura Stover","author_url":"https:\/\/redefiningwealth.info","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/27303330\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/154998432"}