One
way to avoid losing money is to diversify, and not just in the type of stocks
you own. I am invested in the stock market, real estate, and many different
businesses. Even within my different investments, I maintain diversity. Whether
you choose to invest in yourself through your business or in the market through
an advisor, be sure to trust but verify. You should be able to have complete
confidence in either your advisor’s expertise or in your own knowledge about
the workings of your business. After all, the only way to combat uncertainty in
your investments is to have a good understanding of your markets and spread out
your assets. All routes of investment have great potential for success, but no
one investment is worth the risk of losing everything, however lucrative it may
seem. I detail more pertinent business tactics in my award winning and
best-selling book, "Sell Your Business For More Than It's Worth."
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