Diversification Is the Best Approach to Reduce Your Risks of Investing

Russia is the eleventh largest economy in the world, or rather, i should say it was a month ago. Most folks who have a diversified portfolio would routinely have anywhere from ten to 30 % of their portfolio in foreign stocks. You may very well own a foreign e t f that has in portfolio stocks of companies that are based in russia. Those stocks, for practical purposes, right now, due to the war, those stocks are worthless. The securities of russian companies that are in your foreign e t fs, they, frankly, don't exist any more. And there are some e tfs that invest exclusively in russia and russian stocks. Why would somebody do that