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If someone wants to diversify their portfolio, then they can go ahead and choose the companies they want to diversify with. Want to mix in some tech companies i
by AznHisoka 7y ago
If someone wants to diversify their portfolio, then they can go ahead and choose the companies they want to diversify with. Want to mix in some tech companies into your portfolio. OK, go pick Amazon vs. Oracle. Want to mix in a retail company? OK, go pick Lululemon vs Bed Bath and Beyond.
- SketchySeaBeast 7y agoAre you against managed funds entirely then?
- redisman 7y agoUnless you mean you want to make it illegal to buy stocks in more than 5 companies I don't see how this would be in any way enforceable. I would just Google "vanguard stock allocation fund X" and buy exactly those. I have 0 clue about the financials and business plans of any of those companies so why do you want to force me to use my time to hand pick stocks?