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PREVIOUS:Investing in a variety of asset classes, such as stocks, bonds, & mutual funds, is one way to diversify. Investors can lessen the effect of any one asset underperforming by diversifying their holdings across a number of asset types. Investing in various sectors or industries is another way to diversify on Groww. Investing in technology stocks alone, for instance, may not provide the same level of exposure as other industries like healthcare, consumer goods, or energy. This can offer greater market exposure and lessen sector-specific risk.NEXT:Also, to get exposure to various economies and markets, think about expanding your geographical diversification by purchasing foreign stocks or funds. After you've made an investment on Groww, it's critical to keep an eye on and manage your money to make sure it stays in line with your financial objectives. Users can monitor individual investments, track the performance of their portfolio, and make necessary adjustments with the tools provided by the app. You can find opportunities for rebalancing or underperforming investments by routinely reviewing your portfolio. It's critical to keep an eye on your investments as well as keep up with market and economic trends that may have an impact on your portfolio.
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