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"Don't put all your eggs in one basket", good advice?

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تم إضافة السؤال من قبل مستخدم محذوف‎
تاريخ النشر: 2014/04/10
anayat bukhari
من قبل anayat bukhari , Researcher, English Content Writer, Publisher , Noor Foundation

It is used as a word of advise. Not to invest all your resources in one project because it is a risk. If your project got failed you'll lose all the assets.

Nicholas Poshayi
من قبل Nicholas Poshayi , Teacher/Librarian/Academic Teacher , Brooke Bond School

For real it is sound advice.You need to spread out your investments in companies at different levels of operation as an example.Anything you need to do opt for diversity.

Hojat Kermani Nejad
من قبل Hojat Kermani Nejad , English Interpreter /Purchase and Quality control , Water and Waste Company

Dont Risk it all in the same spot

Maricris Haway
من قبل Maricris Haway , Bookkeeper , Yusay Credit and FInance Corporation

In all aspects in life, be it financial, emotional, physical or mental, spread out your capabilities. Do not focus on just one thing. We have the capacity for diversity. This reduces significant risks and encourages bountiful triumphs.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Make many investments and don't risk total loss of your asets if you put them all in one place.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

It means to diversify your holding or prospects so that you get the full benefit of a wide range of oppurtunites. If one or more opportunites do not succeed, then there is a chance that the other diversified interests might bear some fruition or success.. It spreads your risks.

Contrast this to putting all your resources in one psotion and losing it all in that one vector or venture..

JAIME ESTRADA
من قبل JAIME ESTRADA , Contracts Engineer (Contracts Management) , SRACO-SATORP

Definitely it is the best advice when it comes to depositing money in the bank, putting up business or planning your life.

 

1) Do not deposit your money in one bank only because when that bank gets bunkrupt, you will lose. In Philippine banks (for example)  where deposits insured are up to P500,000, I used to spread my savings/deposits  to four (4) banks in a year.

 

2) If you are to put up businesses with considerable amount of capital, better diversify into at least3 lines or kinds of business : For example one in construction, one in trading (buy and sell) and another in manufacturing construction material. When one fails, you still have two businesses to develop and be able to redeem whatever loses suffered with the first one.

 

3) if you plan your life, build only small house and buy not so expensive car so that you will still have savings left in the bank which you can use in times of emergencies, save and save, and when those savings reach a considerable amount, then you will be ready to put up a business in your country of origin if that is your goal.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

It's an advice, meaning to spread your resources in an attempt to preserve as much as you can in case you lose or fail.

Ahmad Alhusainy
من قبل Ahmad Alhusainy , Customer Service , National Bank Of Kuwait - Nbk

It means not to use all your ideas at once, keep them for later, save them, do not share to anyone your ideas, and just use part of them.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

don't count on only one thing.

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