All right, Ari, so my account balance is growing. My net worth is growing. I need to diversify. We all know that. I'm going to start moving my money. Instead of just being at one institution, I'm thinking Schwab and Vanguard and altruist, embedermint, and the more I can spread that out, the better. What are your thoughts? I think you're thinking about the right things, which is diversification, but I don't know if you're really diversifying the right way. And I don't imagine, I could be wrong, but I don't imagine you want to have to log into a million different places to see your money. So this concept of diversifying sounds good. There's a reason. Someone doesn't want all their eggs in one basket, but it sounds like you're

going to have like one egg in a lot of different baskets. I think there's a better way of looking at this.

This is another episode of Ready for Retirement. I'm your host, James Cannell, and I'm here to teach

you how to get the most of the life with your money. And now, on to the episode.

All right. Well, let's talk about it. That's what we're going to talk about today is what are the different kinds of risk, because at the

end of the day, diversifying is to protect us against risk. But risk is something I think a lot of us

misunderstand. So we're going to define the types of risks that we should be looking at and how

can we diversify against each of them. Before we do, this is our new show. This is our new channel. It's going to be hosted on a

root financial YouTube page. So, you have your YouTube page, Ari Talblieb. I have my YouTube

page, James Cannell. Both of our channels have a featured, what is it called? Featured videos,

feature channels. Yep. Featured video.

Okay. So either search Root Financial and you can subscribe, but if you search Root Financial,

it's probably just going to take you to ARI's page or to my page. So if you want to find it,

if you want to find where this lives, go there just as a quick commercial so that people can

find where this is going to live on YouTube.

Where do you want to jump into today's episode?

Let's jump in with the question that came in.

And just so everyone knows, we are always making these videos based off of your feedback.

So you're going to be able to see this if you are on YouTube.

And if you're listening on the podcast app, you can, of course, listen to us share this. But this comes from Love Matters 7122, who says, is it best to split retirement funds between more than one investment firm, say Fidelity and TIA or

Vanguard? How do I think about this? I want to diversify.

I want to be smart, but I don't know what I don't know.

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