People with American stocks in their portfolio are likely very happy right now. U.S. stocks were on a tear in 2024. But to some investors, that's a reason to look a longer look at their portfolio. Today on the show, one investor makes the case for the only free lunch in finance: diversification. Related episodes:Invest like a Congress member (Apple / Spotify) Rethinking what counts in investing (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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