Fintso

  Financial planning can be tricky, and unless you have what it takes to get the financial planning  ball rolling, it might be a mess. Now one of the biggest mistakes that you can make is to not diversify your portfolio enough and investing in only in the domestic market and this would be a mistake that you should avoid making. When you put everything in one basket you run the risk of not having enough profit and also you put everything in a bigger risk because of the fact that if all your investments are taking place in the domestic market, then any kind of market volatility could affect your investments. The Financial Planning Needs Diversity: Since the financial advisor has the knowledge of the advanced tools like the mutual fund distributor apps, he can suggest the right product mix for you that would introduce the element of diversity, when you only limit yourself to the domestic investment scene you not only put the investment at a bigger risk. Also, when you limit yourself you