People need not to trust one single business but rather engage themselves in a multiple businesses such that if one is poorly working or hit badly, the other or others can keep you upright and moving on or even support in building back the one hit badly
added by 1001245923 655 days ago 1    0

case of any accident, the loss could be too much and not shared among different ventures but in case one has more than one businesses
added by Anonymous 661 days ago 0    0

Its always good to diversify your investments , so that whatever impact it will be good or bad , you are always in a balance position.
added by Anonymous 663 days ago 0    0

Yes I do believe in th The phrase "do not put all your eggs in one basket" This phrase means that one should not concentrate all efforts and resources in one area or one venture as one could lose everything. In case of any accident, the loss could be too much and not shared among different ventures but in case one has more than one businesses, a loss in one can be covered by a profit in other ventures.
added by Anonymous 787 days ago 0    0

It's true because if at all u put all eggs in one basket and there happens a risk or any other uncertainty a person may incur a total loss

added by RUDIA MUHAWENIMANA 1075 days ago 2    0

Absolutely Wright; we are living in a crazy world so I can't advise you to put all your eggs in one basket. Planet earth is where I know better and everything is possible. The one you trusted the most can disappoint you terribly and you wonder. Even in our daily lif examples are un countable. To be on the safe side first teast the depths of water with one leg and see how long it is and even after put in one leg leave the other out for security purposes.
added by Anonymous 1081 days ago 1    0

This is true and a good advise. There is need to diversify your investments. I learned it the hard way when I invested all my money into what turned out to be a ponzi, a scam and got wiped off. No two investments are the same. One could pay less but could become the one that would last longer. Who knows?
added by 1000851268 1152 days ago 1    0

That is very true. One will have no where to turn if he put all the eggs in one basket and then the accident. No egg will remain. All wealth gone in an eye twinkle. Lament and Laments will be all that remains.
added by 1000945878 1300 days ago 2    0

do believe....because many of the times you find your self in a poor condition where you can't find even one to help....
But I trust safezone...it won't disappoint me.
added by Anonymous 1305 days ago 2    0

This is true and a very good words of wisdom , financially , physically , emotionally and mentally . Its always good to diversify your investments , so that whatever impact it will be good or bad , you are always in a balance position.
added by Anonymous 1309 days ago 3    0

It's true coz it's risky to invest all your income in one project. We should as well think coz all businesses have short comings which requires to be planned for.
added by 1000951584 1309 days ago 2    0

This is the best advice I wld definitely also give any body trying to enter into the investment world. It's just common knowledge that one to be safe when investing, one should diversify his risk.
added by 1000885064 1309 days ago 2    0

I do believe, because it's not good to invest all your money in one business u need to create more where by if one makes losses another can bring out profits.
added by Anonymous 1309 days ago 2    0

I do believe....because many of the times you find your self in a poor condition where you can't find even one to help....
But I trust safezone...it won't disappoint me.
added by 1000923395 1309 days ago 2    0

To asmaller extent, l agree with the saying but it works only ifvyou are not sure of the business you are dealing with, because some businesses if you invest less you will herves less of which you might regret later. There fore first study and understand the nusiness then invest when you are sure and secure
added by 1000965722 1309 days ago 2    0

Yah its good practice and idea to always diversify your income and investments but if one is not sure its pretty much advisable to do what we call specialization than getting confused in many income generating activities. I believe one place to be is unicorn network.
added by 1000987402 1309 days ago 2    0

surely make several investments incase one makes losses another can make some profits this will keep u afloat
added by Anonymous 1309 days ago 2    0

it is financially and economically good and it is always advisable to diversify your investments people are always advised to make separate investments being with an alternative sources of incomes helps to overcome the uncertainty
added by Anonymous 1309 days ago 2    0

Yes it not good to put all your eggs in one basket if there is some thing happens to that basket your business breaks you don't have another way build your business thus we should avoid that when we are in business.
added by Anonymous 1309 days ago 2    0

Infact putting your eggs in one basket, is the best idea ever in business failing to have many income streams puts your business at risk, once it's down it will take you time to recover from that situation
added by 1000920718 1309 days ago 2    0

Yeah I do agree
Let's say for example,if you put all your money in one investment company,and suddenly the company collapses,you will have no choice but to lose all your money.
added by 1001108989 1309 days ago 3    0

Logically, even if it wasn't only a saying, but as a business personel, you should think of multiple sources of income to make ends meet in your financial status. So it's not just a saying but it's a piece of advice to all business people to have many streams of income flow.
added by Anonymous 1309 days ago 3    0

OK and how many baskets you have to use when you have just one egg ? and is very hard to really make any other choice
added by Anonymous 1309 days ago 3    0

It makes perfectly a good sense to diversify your assets. Noone knows which makes can implode. A long term portfolio strategy requires a rational diversification. You can not put your retirement in one basket.
added by Anonymous 1309 days ago 3    0