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Thursday, July 30, 2020

Put all your eggs in one basket

A basket Babushka would like

Some people like to invest their money... and some put ALL of their money in one investment hedge fund. When the fund goes down, so do their investment. That's putting all your eggs in one basket.

Americano and Canadiano people like to invest their money time to time because, well, they're rich people....

They just have been taught at an early age to invest their money so that near their golden years, everything they own can be easily gold plated.



However, like a squirrel, it puts its nuts everywhere. That's why it can never find them. Maybe that's a good thing. What if some other squirrel found where all of the nuts were. It be a fuller squirrel after it was done eating. We would see the squirrel running funny to say the least. 

Let's look at some examples of putting your eggs in one basket.

  • Your Job
  • Your investments
  • On one girlfriend

I have seen some people go head over heals over one girl that they were sure that she is the one. They buy her rings, clothing, everything, you name it. They finally get married soon enough to find out that this person wasn't really for them. If the person dated multiple girls, and had that James Bond persona, they would have had better luck in the end run. Of course I am just joking, but it is an example to say the least.

The moral of the story is, don't put all your eggs in one basket, they might break. 

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