203 what is diworsification?

In an effort to diversify your assets, it's possible to end up 'diworsifying'. Dev unpacks exactly what this means, touching on: 👉🏾diworsification vs diversification 👉🏼how do you know if you are diworsifying? 👉and how to minimise your risk of diworsifying Dev discusses efficient frontiers here: https://player.whooshkaa.com/episode?id=930845 Check out eps 050 and 080 on asset allocation! Episode transcripts: https://bit.ly/m3meptranscripts 🛑 Please read the disclaimer on mymillennial.money or at the link below before listening to this episode. Are you a health care professional? Join our online community: https://www.facebook.com/groups/2261439930740208 my millennial money medical is hosted by Dev Raga. Check out https://www.mymillennial.money/m3m-shownotes for our stuff, disclaimer, warnings about this episode, podcast resources + more We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf