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Is Your Portfolio Really Diversified?

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  • Description

    FBN’s Charles Payne on the need to diversify your investment strategy.

  • Duration 2:56
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This transcript is automatically generated

We are making money would Charles -- and -- photograph back I'm pretty cool news yeah this visited tell you.

Why your portfolio may not.

Eight diversify is a real life example so you have a real portfolio right now we're gonna figure out whether this things diversified -- not.

Well I can tell you it's not diversify and -- in the main the main -- is is that so many people watching the show thank -- I've got 456 mutual funds aren't diversified.

The object -- a look under the -- people you've got yeah it -- the -- -- we wanna start to help people make money right the way in readmit all the way to go to really do that's actually know exactly what you have so I do a lot of for fully reviews -- we can -- swap portfolio here is right there.

For funds a look at the top ten holdings of each fund so theoretically this guy could have had forty different stocks in this portfolio nominee had -- eleven -- Yet up on it so yeah I mean but think about this for a moment and then this is a long term portfolio that he's had so.

ExxonMobil.

Apple Microsoft G Johnson & Johnson proctor gamble IBM telephone.

You know Chevron and Bank of America something's -- done pretty well recently but over the last ten years.

These aren't the stocks and I personally would've wanted to hold.

Not -- You want to have a clue -- Have one idea but I don't wanna be and BankAmerica for the last two years I won't be an AT&T for the last ten years you know and so what -- -- from -- -- now.

Well this -- what every once you do take a look at what's your -- sold at that the very medal mom it takes you five seconds to find out the top ten -- but all of these funds you can go to fund.

Fund manager you can go look under the -- because what happens is.

A lot of the times these brokers aren't even involved anymore you know they take your account they handed off to someone else and they start to put these funds and in that.

Think the idea -- -- brokers to collect money under management.

I mean let's be realistic so you're doing anything you know what you -- -- we got another one and had their and so it's a great.

You've got the new America but in -- -- of the hot zesty fun you know but the fact of the matter is.

And then there's that thing easy judgment and apple.

All that every bond yeah a lot of what apples and hold over four out of apples and the a lot of.

Portfolio managers have loaded up on apple and frankly even got in late because they want -- to show up -- has not been.

How did they get fired for -- outlets like signing up -- and it does not -- five miles an -- -- -- those strikes but you won't get fired definitely -- but what we -- -- in their right and his senior retailers at all retailers have been super duper high right.

Witness any restaurant side to miss anything -- cloud computing.

What about -- -- all the major deals and buyout Texas you're leaving the homebuilders and the last couple years they've actually debate some big moves so.

The point is.

Want to try to make you money you.

You have to be diversify you have to be Smart about this.

The first thing we're gonna do start looking under the hood I did today -- -- -- -- we're gonna do in the debate economy treasuries to encompass as.

You saw that the dead June of this segment already don't -- -- -- child.

Every day making money which how he's asked tonight about our everyday -- -- back below we of course but I think what else hi thank you.

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