You Own Three Funds. Are You Actually Diversified?

Free two-page guide and written explanation: https://warrenwojnowski.substack.com/... Read my Investment Office Notes on Substack: https://warrenwojnowski.substack.com Follow me on LinkedIn:   / warrenwojnowski   Owning three funds can feel like you’ve spread your money around. But what if those funds own some of the same companies? Free two-page guide and written explanation: https://warrenwojnowski.substack.com/... In this short walkthrough, we look inside three fictional funds and discover what their names don’t tell us. You’ll see what fund overlap means, why it isn’t automatically a problem, and why different companies can still depend on the same industry or economic conditions. There’s nothing to fill in. You don’t need to fetch an account statement or do any calculations to follow the example. 00:00 Three funds that sound different 00:45 Looking inside the funds 02:05 Why the amounts matter 03:05 Different companies can share risks 03:45 One question to ask 04:30 The free guide The question to take away is simple: “Do my funds own many of the same things?” If you work with an adviser, that’s a useful question to take to your next conversation. If you prefer to look yourself, current fund factsheets or holdings reports can be a starting point. The guide is free to read and download. You don’t need to subscribe to use it. If you’d like more plain-language explanations to help you understand what you own and make more informed investment decisions, subscribe to this channel. You can also subscribe to my writing at: https://warrenwojnowski.substack.com General financial education, not personalized investment advice or a recommendation to buy, keep or sell an investment. The funds and companies in the illustration are fictional. The illustration does not show complete portfolios or position sizes. Diversification does not prevent all losses. #InvestingForBeginners #Diversification #FinancialEducation