Individuals manage their money in many different ways. But money is personal and there is an emotional attachment that can lead to mistakes. Read on to avoid these wealth-creation errors.
Not diversifying your portfolio
Investing is not about equities only. You can consider investing in fixed-income products as well. Exposure to government securities, short-term debt and money markets provide the right amount of diversification as they are less volatile and some of these are structured so that chances of capital loss are minimised.
