Keep your options open!
Our Daily Challenge ,,, words of wisdom
An old proverb ... "Don't put all your eggs in one basket" which means "Don't concentrate all your prospects or resources in one thing or place or you could lose everything if something goes wrong."
The comparison is that if you put all of your eggs into one basket and something happens to the basket, such as you dropping it, all of your eggs might break and you will have little or nothing left, compared to distributing your eggs into two or more baskets so if something happens to one, you still have your other eggs.
In modern times, this idiom is best seen in the investment concept of diversification. The idea is to spread your risk across several areas. That way, if one of those areas turns sour (say a company goes bankrupt), it doesn't result in a you losing everything; you can keep going with your remaining investments.
Keep your options open!
Our Daily Challenge ,,, words of wisdom
An old proverb ... "Don't put all your eggs in one basket" which means "Don't concentrate all your prospects or resources in one thing or place or you could lose everything if something goes wrong."
The comparison is that if you put all of your eggs into one basket and something happens to the basket, such as you dropping it, all of your eggs might break and you will have little or nothing left, compared to distributing your eggs into two or more baskets so if something happens to one, you still have your other eggs.
In modern times, this idiom is best seen in the investment concept of diversification. The idea is to spread your risk across several areas. That way, if one of those areas turns sour (say a company goes bankrupt), it doesn't result in a you losing everything; you can keep going with your remaining investments.