I agree with this approach. Keep the number of individual stocks you invest in at a manageable level. Know why you invested in them, and go long. IMO the longer

I agree with this approach. Keep the number of individual stocks you invest in at a manageable level. Know why you invested in them, and go long. IMO the longer you go, the less noise in the decision-making. Ex: Ford is at >$2. Will Ford go bankrupt, or will it survive? If it will survive, then it will be worth having in 10 years, especially if dividends return. In that case, you have based your risk on just one question that you need to settle to your satisfaction. A much more difficult question is: Will Ford be higher next year than it is now? I also agree with investing in the management. Finally, I think investing in some individual stocks is probably a good way to stay mindful about your investments in general.