#1 --- for Investing 102 I would use this name as an example for 2 things
1: Invest in whatever you are comfortable doing. Everyone is different - has different views - has a different level of cash - different times til retirement or other need for the money. As long as you sleep well at night - go for it.
2: When you gamble or take on a "risky" name - regardless of the industry -- then EXPECT --- V O L A T I L I T Y.....
As you pointed out in your post - you can afford a loss if it happens and you have other names which are diversified. And that's the important part. I think everyone that can afford it - needs some percentage of their portfolio in "risk assets". It IS how people get 4 baggers or 10 baggers (4 X's or 10X's their investment). But it's also where it's the easiest to make the right bet in the wrong company. In other words -- the thinking was correct -- but the market rewarded some other company. That's when an ETF in the sector works for some folks. They can just throw a blanket over the whole "sector bet".
Last edited by GregWeld; 04-09-2014 at 09:55 AM.
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