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It used to be that investment diversification was a pretty simple exercise. Choose a mix of stocks and bonds - or better yet, stock and bond mutual funds, and then slowly shift the mix towards bonds as you get older.However, the world has changed and many financial planners would agree that this outdated definition of diversification should be thrown out the window. Here are five of the most obvious reasons why:1) Stock movements tend to be highly correlated, and when there is a major crash (as we all experienced in 2008/2009) even the stocks of high quality companies can get hit
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