No. of Recommendations: 2
Good question. It depends on at least three things 1) Are you trying to deversify? 2) Do you want to limit the number of stocks you manage? 3) Are there stocks you would rather own?

I am in a similar position. I have 6 DRIP stocks. They are in different areas so there is some diversification but I do not want to own more stocks as I would have to keep on top of more companies. I will just keep adding to these stocks but I also have an IRA and 401k in mutual funds and expect a pension, so the stocks are maybe 10% of my assets.

There is no wrong answer to your question as long as you are buying suitable stocks and there are low or no fees involved.
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