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@bium
Diversification involves spreading investments across various asset classes and sectors. It reduces the impact of poor performance in any single investment. Diversification is a key strategy for managing risk and achieving stable returns.
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@doubltop
Annuities provide a steady income stream for retirees. They can be structured to pay for a fixed period or for the rest of the annuitant's life. Annuities offer financial security but often come with fees and limited liquidity.
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