‘Once you have a Roth, you never go back,’ claims IRA expert: What to know about choosing retirement accounts

When it comes to holding stocks or bonds or just about any other kind of investment, financial advisors are pretty much united in their advice: diversify, diversify, diversify.

“Don’t put all your eggs in one basket” is a cliché for a reason. Different types of investments go up and down at different times for different reasons. By spreading your portfolio across a variety of investments, you theoretically decrease the chances that a steep drop-off in any single investment could affect you.