Magical Life & Money Lessons from Disney
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When you think of Disney you probably think of films but the company is far more than that. From theme parks to cruise lines, merchandise and a streaming platform, Disney has diversified over the years to balance out any underperformance in any one area of business. By diversifying it was one of few large organisations that made a profit when cinema's, theme parks etc were closed.
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Much like Disney, diversifying your assets could help balance risk and potential dips. For instance, if you’re investing, holding shares in companies across a range of industries and locations could mean your overall portfolio experiences less volatility. That doesn’t mean the value of your assets won’t rise and fall, but it could help to smooth out the peaks and troughs.
