QUICK TIP - Can you have too much diversification?

It's often said to be extremely important to have a diversified portfolio, however this can also have some risks. In this Quick Tip call Karl Kaufman from American dream investing tells us about the dangers of diversification for individual investor. "You don't have a team of researchers with you so if you're going to pick stocks you really only have the focus and attention that you could really give to a handful of stocks".

Karl Kaufman is from American Dream Investing, a family owned financial membership service and news publication that shares independent and unconventional thoughts on building wealth through the stock market. Here's a link to the full episode: https://www.stocksforbeginners.net/blog/kaufman

Sharesight is the best portfolio tracking tool in the known universe - and they are pleased to extend a SPECIAL OFFER to listeners of this podcast: Save 4 months on an annual premium plan! Click here and sign up now for a 7 day free trial. Or go to https://www.sharesight.com/stocksforbeginners

Disclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value. Stocks for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Stocks for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.

Hosted on Acast. See acast.com/privacy for more information.