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Topic	Stock Topic 19
CoolCly 02/04/21 4:11:26 AM #463:	red sox 777 posted... Question for the topic: How many stocks do you own at a time? Right now I'm at 15, which is the highest it's been since I started. SPCE is the biggest holding at 37%. I will probably decrease SPCE to 20% or so before the test flight and maybe increase the number of stocks held to 20 or so. I'm still doing all sorts of things solely for the purposes of learning and seeing how different things change over time, so 15 doesn't sound that crazy to me.... but then again, it might depend on if you mean any ticker at all or if you mean just general stocks. Do ETF's and small bets on penny stocks and the like count? I'm currently spread out in the following classes like this, but I don't really feel spread thin. I feel like I'm still on the hunt for more things to add to my list. I don't even have any options in here! Maybe I'll scale back eventually when I feel like I have less to learn, but I don't think I like the idea of concentrating in a few things. I've heard the common wisdom that concentration is for wealth building and diversification is for preserving wealth, and if you concentrate in just the right stock it is the most effective thing... but that means you have to concentrate in the right stock. I'm not so sure of the odds of that. Diversifying to find the bloomers seems like the way to me. But maybe that's just my inexperience talking. I like the idea of going long on the AVCT warrants. I need to look into this company and see if it has legs, since it basically requires the stock price to get to $15 to start being worth it. If it ever gets to $20 it'd be amazing. 2025 is a very long time so there's plenty of time to get here. But I'd hate to drop some decent money and find out it's headed to the bottom of the ocean. --- The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG <cite>CoolCly posted [p:950262861] in Stock Topi... [t:79272609]...</cite> <quote>red sox 777 posted... </cite> <quote>Question for the topic: How many stocks do you own at a time? Right now I'm at 15, which is the highest it's been since I started. SPCE is the biggest holding at 37%. I will probably decrease SPCE to 20% or so before the test flight and maybe increase the number of stocks held to 20 or so.</quote> I'm still doing all sorts of things solely for the purposes of learning and seeing how different things change over time, so 15 doesn't sound that crazy to me.... but then again, it might depend on if you mean any ticker at all or if you mean just general stocks. Do ETF's and small bets on penny stocks and the like count? I'm currently spread out in the following classes like this, but I don't really feel spread thin. I feel like I'm still on the hunt for more things to add to my list. I don't even have any options in here! Maybe I'll scale back eventually when I feel like I have less to learn, but I don't think I like the idea of concentrating in a few things. I've heard the common wisdom that concentration is for wealth building and diversification is for preserving wealth, and if you concentrate in just the right stock it is the most effective thing... but that means you have to concentrate in the right stock. I'm not so sure of the odds of that. Diversifying to find the bloomers seems like the way to me. But maybe that's just my inexperience talking. I like the idea of going long on the AVCT warrants. I need to look into this company and see if it has legs, since it basically requires the stock price to get to $15 to start being worth it. If it ever gets to $20 it'd be amazing. 2025 is a very long time so there's plenty of time to get here. But I'd hate to drop some decent money and find out it's headed to the bottom of the ocean. --- The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG</quote> ... Copied to Clipboard!
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