Quote:
Originally Posted by GregWeld
Jarrod ---- The 5% per investment is a "goal" -- this goal is very hard to obtain until you're at about $100,000 total invested. At that point - 20 stocks with about $5,000 gets you there.
Now --- Everyone needs to remember that this investment goal can include more than just stocks -- because what it's really trying to say to people is that you don't want to have too much RISK in any one thing that could possibly do real damage to your investments. If one 5% investment went to ZERO -- it's really not a huge loss -- versus if you had 35% in one thing... so it's really nothing more than a guiding point.
|
That is what I was thinking. I did not want to own 20 stocks with $33,000 in the market just to get to the 5% goal. Time to max out my wife and Is Roths for the year. Thanks Fellas