At times one thing that affect majority of us in life is actually wrong decisions taken at the expense of strong desire and self confidence. Most times wrong decisions are also backed up with ignorance to know the right decisions and to take it
Trust me the issue many of us are really facing that has make our financial life to either struggle or remain in a particular point is wrong decisions. And we as humans, we can't really be blamed to an extent because we always believed our decision always are the best than what others advices us to take.
Not untill experience teaches us a lot of things and make us know that ignorance is a dead disease and even though experience is the best teacher, it is hard to even passed through the phase of learning through experience
As someone who is trying to make his or her financial life healthy and grow, it will be very dangerous you really put all your egg in one basket. One thing I have really admire in the life of Warren buffet is the ability of learning how to spread your investment portfolio
At also a time, I always have it in mind to always love the idea of putting all your egg in one basket with the aim of quickly multiplying your investment. This is really dangerous. To at some point, it might play out positively but at also a time it might play out negatively.
If you are in for investment, don't put all your funds in one investment because you just want to make faster profit and grow your investment portfolio faster. That is a great risk you might be taking. Spread your portfolio and always remember that don't put all your eggs in one basket. That is really dangerous. Learn to spread your wings
Build your financial branch as much as possible instead of relying only on one source of financial branch of income. If you are making some money through one source of income, it is idea you make use of that only one source of income and spread it to become more and more source of income you have in periods later.
Always remember that is a Great risk you are taking when you put all your eggs in one basket because you are putting the life of those eggs in danger at the expense of the safety of the baskets