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I've gathered my little fortune and am preparing to invest for the first time in stocks. I found a few companies I like and that I'm willing to lose money on (but that I think will gradually make me rich instead), but I don't have a lot of time to watch stocks after I set up a regular investment plan.

Is it a bad idea to buy stocks but only pay close attention to them every other month or so? How much attention do you consider necessary for individual stock investing?

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