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"How many stocks should you own?"

In Mallika Mitra's Bankrate article, our associate wealth advisor, Nick Fazio, CFA, CPA, emphasized the importance of avoiding overly concentrated portfolios to mitigate volatility and enhance long-term investment stability.

When discussing the volume of stocks an investor should own, he focused on the value of diversification sharing: “If you had 30 stocks and they happen to be in one specific sector, you’d still be way less diversified than if you only had 10 stocks but they were across a bunch of sectors. You want to make sure that in the effort to diversify, you are picking stocks that shouldn’t generally be trading alongside each other.”

Read on for Nick’s thoughts and strategies when it comes to buying stocks.

Article HERE