Rather than trying to come up with a magic number of stocks to own, why not try to decide on the max percentage for a single stock and consider the following:Some day you will probably find a great stock trading at a great price, which all your research and due diligence will confirm is a great stock. However, after buying it, you will relize _______ and witness the whole thing go belly up and most every dollar you put into it will be gone. In other words, how much of your port do you care to lose on a single stock?FS
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