Wednesday, September 24, 2008

Economic diversification

"A smart bank or insurance company spreads out the risk with a combination of investments. The non-technical way of explaining it is this: It is a calculated combination of some high-risk (and, ergo, high-yield) investments for maximum profit and some low-risk (often, low-yield) investments for balance and stability."

- Atty. Connie Veneracion
columnist, Manila Standard Today
at

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