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Investment diversity

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@allover
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It used to be the case that if one collected a pile of these things for long enough one's financial position would be secured into retirement. I've heard people say that saving twenty percent of income from the day one starts working will ensure that in retirement a person would have ample money to sustain a good standard of living. But that's not really the case these days is it? Things simply cost so much in this complicated world we live in.

I read an article that indicated many women are having to change their way of life just to ensure they had the funds for retirement and that on average women retire with over 33 percent less than men from a superannuation perspective. They are choosing not to have children and to invest instead apparently, which should do wonders for the over-population issue we're facing, but that's another blog altogether. well, at least they are thinking about the future I guess right?

Enter crypto currency and other means of wealth creation. I think back in the days when the old twenty percent strategy was touted as the right way to go a person pretty much started work, stayed at the same job for most of their working life then retired and drew on their superannuation. It's not like that now and with crypto currencies on the rise and the ability to do things like blog for crypto as many do here; Opportunities seem to have broadened. Don't get me wrong, I still believe in saving fiat however the opportunity to augment those savings through crypto, blogging, trading, mining etc. seems to have shed new light on the whole investment process. That same money we stacked away could work better diverted elsewhere. Crypto for instance?

Someone once said something about having seven streams of income to insure financial security into older age, that in doing so we can mitigate risk to a large degree and still gain, even if one investment-segment is stagnant. I believe it was @organduo who wrote that, or something like that, on a blog some time ago. I think it is very sound thinking and a good policy. Diversity.

It's quite exciting with the rise of tribes on steem and the fact that a simple blog can return dividends across various tokens creating income streams, albeit within crypto, from various sources and whilst it can be very confusing and quite complicated I believe this diversity in gaining tokens, blogging for crypto and crypto currency in itself is an excellent way to add to fiat-savings, property, precious metal, gemstone, stocks and bonds and other forms of investment.

Lastly, one of the best investments one can make is in knowledge, gaining it I mean. I know for me this is one area that brings a little anxiety through the complexity of investment and crypto these days however a little pain now may come back in reward tenfold later. That's always the plan right?