Where do you keep your money? Do you keep it in one place or in different places? Does it make a difference? How much should be in each place? Is there different risks for different places?
Action Steps:
- What places are you putting your money?
- Have you evaluated their prudence, risk, pros and cons?
- Do you have diversified yet easily tracked set of places to put your buckets? This may be a good homework assignment to write these things out.