Unless 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 "va

Unless 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?