Is it just me, or does everyone think that they are good enough stock-pickers to do it as a primary part of their investing process? Buying individual stocks is not for the faint of heart, nor is it for those who are not willing to put in the time to understand companies and the ways they can provide value to shareholders. I want you to make money in the stock market, but I don’t want you to be disillusioned by the outcomes of picking your own stocks vs. index investing. Today, we will discuss:
1. The risk of single stocks
2. The pros and cons of single stocks
3. Where single stocks fit in your portfolio
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Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in for more personal finance concepts. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)