Samuel Wieser

If your portfolio has a bloated stock allocation, you are likely exposing yourself to excess risk, many experts believe we may see a significant downturn in the economy and stock market in the coming months after the longest bull market in history. If you haven't rebalanced lately, now would be a great time.

Just buying a bunch of stocks, bonds, mutual funds, ETFs doesn't necessarily mean you are diversifying, you can hold five different ETFs or mutual funds that track the SP 500 and you won't be any more diversified than just holding one of them.