ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Diversify - It's the Key to a Successful Life

Updated on September 26, 2010

We always hear that you should diversify your portfolio when it comes to investing. I have been thinking lately that we should diversify in all areas of our lives though. Every area that I can think of, it is better to diversify. Think about the saying we have been passing down for centuries - "don't put all your eggs in one basket". Being too consumed in just one area of anything might go well for awhile, but in the end could be disastrous. Let's take a look at some examples.

Think about farming. If you have a 100 acre farm and plant the entire farm with potatoes and the Colorado potato beetle descends on your farm to feast for awhile, you have lost your entire crop and source of income for the whole year. Have you heard of the potato famine that hit Ireland in the late 1800's? They ate almost nothing but potatoes and grew just one type of potato in the whole country. Millions died of starvation because there wasn't enough food.

Here in Ohio there are many pick-your-own farms. We visited one this year that had nothing but apple trees. If something happens with the weather in the spring, or with bugs in the summer, or with a hail storm in the fall their crop can be ruined in an instant. Today we visited a different farm to pick apples. Except at this farm you can also pick raspberries, strawberries, pumpkins and cherries. You can also purchase peaches and pears from the farm store, as well as honey and maple syrup. This farm has mastered diversification and will likely succeed for a long time. Even if one entire crop fails, they have something to fall back on.

You can diversify in many, many areas though and it will help you succeed. Think about the current job market. Those people that are very specialized in niche fields are likely going to have a very hard time finding a job. If they have diversified their experience and education they are much more likely to find something that will work for them. My husband for instance has a teaching certificate with a bachelor's degree in political science. When he got his master's degree he got it in something different; social sciences. He has a very diverse education. If you have a bachelor's in English, and then get a master's in English you are much more limited in what you can do in life.

The same can be said for life skills, gardening, money and more. The more skills you have (the more diverse you are) the better off you will be in life. Not only will your life be more interesting, but you will be more interesting to others. You will be able to handle more things on your own and be less dependent on other people. If I had planted my garden with only peas this year it would have been a complete waste of time, as both crops I did plant failed miserably. One due to weather and the other due to a hungry rabbit.

If you put all of your money in one bank account and the bank shuts down you will be out all of your money until the FDIC takes care of things (this can take months). If you invest all of your retirement savings in one company and it goes under, so do your plans for retirement. Doing what the experts say and putting your money in several different types of accounts is the best thing to do. And just like money, you will go farther in life in almost all areas if you are diversified.


    0 of 8192 characters used
    Post Comment

    • profile image

      Amie Warren 

      8 years ago

      Very good advice, Jennifer. I am trying to diversify in my writing, because I don't want to get "stuck" in a niche, so I write a little about everything so if anything happens to make one topic earn less, maybe another will take over.

    • profile image


      8 years ago

      diversity is applicable to spirituality as well....i learn from different religions and thinking systems including science to get to core of spiritual values.

    • rmills123 profile image


      8 years ago from Ecru,Ms

      Love the content helped me a lot. Keep up the good work.

    • profile image


      8 years ago

      Nice content written here

    • alexgadd profile image

      Alex Gadd 

      8 years ago from Home Counties, UK

      Excellent article, agree completely.

    • mikiy profile image


      8 years ago

      Aerosmith's 'I don't want to miss a thing' used to be a fave song of mine. But after hearing it several times in pubs and the radio as if it was the only thing that exists, I even started to hate it. And this only can prove it.

    • brsmom68 profile image

      Diane Ziomek 

      8 years ago from Alberta, Canada

      Very informative...and so true! I think I am as diverse as anyone can get, as I have many interests. Now all I need to do is figure out how to monetize them and I will be set. Great Hub!

    • DREAM ON profile image

      DREAM ON 

      8 years ago

      You have mentioned something many people don't think about.I think we get focused on what we can do best and forget to get our feet wet in other areas just in case something happens.Maybe we feel things will never change.But we all know they do.

    • idreesfarooq profile image


      8 years ago from fiverr dot com/idreesfarooq

      Again a wonderful title and nice hub. I love to read your hubs because they are rich with information and ideas. Thanks.

    • profile image

      Kris Britton 

      8 years ago

      Hahaha, have been on these hubs looking for wonderful content and I love this article. I love that you looked at investing with diversity as farming, thats cute :)

      Thanks for the great article!


    • Neverletitgo profile image

      Abdinasir Aden 

      8 years ago from Minneapolis, MN

      What a great hub. I realy like your hubs you are so skillful. If I diversify myself I can fit different possitions.

    • katiem2 profile image


      8 years ago from I'm outta here

      You can say that again, diversity is the key to our modern day world. I enjoyed reading your tips diversify is the key to a successful life to help us all get along better and enjoy more success in all areas of life. Peace :)

    • Hello, hello, profile image

      Hello, hello, 

      8 years ago from London, UK

      Thank you for a very good advice and a well written hub

    • dallas93444 profile image

      Dallas W Thompson 

      8 years ago from Bakersfield, CA

      Most of us have multiple careers. Diversity is a key concept.

    • vocalcoach profile image

      Audrey Hunt 

      8 years ago from Idyllwild Ca.

      Very good hub and topic. Being diversified certainly gives us more options and opportunities. Thanks for writing about this.

    • WannaB Writer profile image

      Barbara Radisavljevic 

      8 years ago from Templeton, CA

      Well said. In my case it might be "Don't plant all your crops in the ground or raised beds that aren't portable. When the ground squirrels moved in, I lost all the plants I couldn't move to another property.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)