MT Week - Money Rules: Diversify as much as possible in investing

I often wish I had started investing earlier.

It’s not that I had a lot of spare cash to invest, but I could have done so much more with what I did have.

The disclaimer - that I could get back less than I put in - was off-putting. But I also didn’t put as much effort into learning about the different investment options that were open to me.

That’s changed of course, but I still feel like I’m catching up.

So for this Money Rules post, I was keen to hear from someone who has been investing for a while.

It comes from Nick Daws, who writes Pounds and Sense, a personal finance blog aimed at over-50s that covers making money, saving money and investing from an older person’s perspective.

Daws’ money rule is to diversify as much as possible in investing.