I read an article online today (forgot to bookmark, source was generally trustful, but more a fluff piece) that said an investing mistake is to own a wide range of stock so the profit from any one is minimal in your portfolio.
I have around 12 different companies right now but was planning to slowly expand.
But this made me re-think... one owns a wide range of stocks, you might as well own Index funds instead. If I keep owning my 10-12, I basically am assuming (hoping) I'd outperform the market, which is probably unlikely. I've had good and bad year that probably fallout over time to be equal-ish with the S&P index.
So again, I ask - is it worth it? I find it fun to follow stocks, so I enjoy investing. But I also hate to throw money away.
Any thoughts from someone else who holds a range of equities?
Submitted March 11, 2018 at 07:59PM by Pleather_Boots http://ift.tt/2Fy830w
