Don't put all eggs in one basket.
[Idiom] DON'T PUT ALL EGGS IN ONE BASKET. - Diversify Your Investments Wisely!
Avoid risking everything on one venture.
Don't put all eggs in one basket" means not to risk losing everything by depending solely on one plan or investment. In finance, this idiom teaches the importance of diversification. By spreading investments across various sectors or projects, one can minimize the risk of losing a significant portion of their assets if one investment fails. This advice is applicable to both personal finance and business strategies, promoting a safer approach to managing resources.
Example Sentences
Investing all your money in one stock is risky; don't put all your eggs in one basket.
It's risky to invest all your resources in one option.
He diversified his investment portfolio to avoid putting all his eggs in one basket.
He invested in various options to minimize risk by not relying on a single one.
It's wise to apply to several colleges, so you're not putting all your eggs in one basket.
Applying to multiple colleges is a good strategy because it ensures you have more chances for acceptance.