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The big problem with investing in your sector is too much specialization. I realized one day that investing large sums of money in my employer's stock is essen
by sliverstorm 11y ago
The big problem with investing in your sector is too much specialization.
I realized one day that investing large sums of money in my employer's stock is essentially putting all my eggs in one basket- both my investments & my paycheck depend on the same company.
I extend that to my market sector, too. I avoid investing in my market sector now.