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It’s risky to have only one source of income

Posted at June 3, 2022 Posted In Blog, Passive Income

Diversification is a common strategy used to protect your overall financial position from unpredictable market cycles and investments that don’t go as planned. The conventional wisdom is that diversification should be practiced with investments to reduce your risk of loss. We agree… AND we believe diversification should also be applied to your income stream. Income diversification helps mitigate unforeseen changes to the recurring cashflow that supports your lifestyle.

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