No. of Recommendations: 0
Hi there... I'm thinking of adding several new stocks to my Rollover IRA (which was my 401K at my former employer). I already have a Roth IRA that has about 8 other stocks in it.

Would it be too many to add several new ones in this IRA? I've heard people say 10 or 20 stocks would be the max anyone might want to own, but I am not completely sure why, since there are hundreds of great companies.

I am guessing that "over-diversification" hurts returns, and tracking all of them is tough. My goal is to have a little balance while still maxing my returns (of course!). Retirement is decades away, for me.

What about adding some of the same stocks to THIS IRA, as I have in my Roth IRA? Is that a good idea, or is it easier or better to keep all shares of a particular stock in 1 place?

Anyhow... if anyone would care to comment on these picks, I'd be very happy. I'm well into reading info. on the Fool and at the company websites. In no particular order....

Estee Lauder - EL
Proctor & Gamble - PG
General Electric - GE
Sun - SUNW
Qualcomm - QCOM (OK, I still want a few more techs!)
Amgen - AMGN
Genentech - DNA
Johnson & Johnson - JNJ
Merck - MRK
Affymetrix -- AFFX

Thanks!

-AF
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