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Old 11-07-2008, 02:04 AM
Wealth Journey---
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Diversification is trying to minimize risk and smooth out the returns using uncorrelated asset classes. Overtime, diversification does build wealth. Just putting $500 monthly into a diversified portfolio that yield a compounded annualized return of 8% will give you half a million dollars at the end of 25yrs.

So, if you are 30yrs old now and is disciplined, you can look forward to a half-million dollars income at age 55yrs old. You can now work because you want to, not because you have to!

Like your statement says... "BE PATIENT and Think Long Term".

Oh, but I don't advocate Investment-Linked Insurance Policy. There's better alternatives.
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