Diversify away from your job. Not toward it.
01
Count the paycheck as a holding. Early in a career it is usually the biggest position you own, often 80 to 90 pct of your total wealth. A portfolio built as if it does not exist is planning around the smaller half of your money.
02
Familiarity is not diversification. The stock you hold as ESOPs and the sector you buy because you understand it are the same bet as your salary. When it turns, all three turn together, usually the exact month you need cash.
03
The more concentrated your paycheck, the more spread out your financial money should be. You cannot pick the offsetting names by feel. A broad rule owns what your career does not, every rebalance.
Your career already made a huge, concentrated bet on your industry. The job of your portfolio is to bet on almost anything else.
See the risk you already carry.
rupeecase.com / risk-profile