Hi guys. I'm pretty new to the investing world about a few months now, and after discovering robo-trade ( acorns, betterment etc.) I decided to set out on my own with a popular " free" trading app. I'm still in the midst of learning of course but I think I might've done a big boo boo, and this is why I'm asking for genuine advice. Immersing myself into learning the trade and listening to this report about this great stock..And this momentous other stock I've slowly amassed a portfolio of about 30 different companies. Lol yeah I know...I do need help..But this is just the half of it. I'm a student so since I really couldn't afford much of this and that, I would buy two here maybe four there, and now this portfolio is at about 10 grand with 30 different companies. I don't know if this is correct , I mean is there a good number to be diversified? Am I loosing money when a stock rises and I only have 2-4 shares? Or is it safe for now..I guess a part of me wants to succeed at this so badly that I'm tryin ng to touch everywhere so I don't loose any...but that's impossible and to be honest I felt like it was okay at first..I said as time goes on I'll just buy more...Hey what's two shares, but the trickle has led to the pond and now I'm at ten grand...And they range anywhere from one stock to 25..In cheaper companies. I need to start thinking about growth,and returns..And if a company does grow, or yields a nice return why only two and not more? Am I losing out ? My plan lately has been to do better research into these companies and choose a handful to reorganize my portfolio..is that bad? Or better? I feel in some sense some weird addiction into having the best..or latest in my portfolio..Even if it is two shares..lol ...Sigh...So..Advice.Is there a good number to have? What's the best for diversification? Am I okay..... Sincerely Lost at the Market!
Submitted January 17, 2017 at 10:45PM by asumm33rs http://ift.tt/2jXe0cm
