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Associated Press

Don’t be your own worst enemy when investing

By Anna-Louise Jackson

Sometimes investors exhibit “naive diversification” by owning too-similar assets, which does little to reduce risk, says Dan Egan, director of behavioral finance and investments at robo-adviser Betterment: “People will have three or four different S&P 500 funds and think they’re diversified but don’t look at how correlated they all are.”

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This article originally published November 29th, 2018 on Associated Press

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