Talk to any group of investment advisors and you’ll soon discover that even the experts don’t always see eye-to-eye on everything. But one thing almost all will agree on is the benefits and safeguards that come with asset diversification. It’s a principle found in the old English saying, “don’t put all your eggs in one basket”, and is followed by investors on Wall Street, superannuation funds in Australia and mum and dad investors in the Philippines.

It’s totally normal to feel a sense of excitement when your investments are doing great, or anxiety when they’re going the opposite direction.

What you want to avoid, however, is making illogical and irrational decisions led by the moment’s emotional outburst such as selling your stocks too soon, or putting too much of your money in one investment vehicle.