Spread Your Wealth or Lose It

There is a simple way for individual investors to avoid getting outsmarted by the pros -- diversify.  
Let the fleecing begin.                                                       

A lot of behavioral finance is basically about helping the rich and the upper-middle class. People in the middle and at the low end of the income scale don't do a lot of individual investing -- most of their wealth, if they have any, is tied up in their house, pension or retirement account.

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