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Is your financial portfolio diversified? Owning one stock that has previously grown at 10% yoy is the same as owning ten stocks which have previously grown at
by yazaddaruvala 10y ago
Is your financial portfolio diversified?
Owning one stock that has previously grown at 10% yoy is the same as owning ten stocks which have previously grown at 10% yoy right?
- AndrewKemendo 10y agoThat's a nice analogy but doesn't really apply in this case. The cost of buying a stock is generally same between assets (within one or two stdv). Using your example it's crazy expensive just to "buy the stock." So its not really an option.