For this part, you are allowed 30 minutes to write an essay explaining why it is unwise to put all your eggs in one basket. You can give explanations to illustrate your point. You should write at least 150 words but no more than 200 words.
When making crucial decisions or important plans, it is always necessary to have a plan B. As the old saying goes, "Never put all your eggs in one basket." Having a second choice is essential to reducing the loss.
It is easy to understand that, for any plan that involves investments beforehand, one should prepare for the worst situation no matter how well it appears currently. When the profits are higher, people are also taking greater risks. For example, as the real-estate market is highly profitable nowadays, many people invest all their money into new houses and some even raise a mortgage. The possible result is that once the market cools down and the house prices go on a decrease, the investors are more likely to lose the profits as well as the capital. Admittedly, putting all the eggs in one basket maximizes the possible gaining. However, in unfavorable conditions, it also maximizes the loss.
In conclusion, it is unwise to put all your hopes into one possible solution. People should all learn the importance of avoiding risks with a plan B.