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RE: STOP Investment Diversification!
Your risk tolerance, goals, and age should determine how much you diversify. I would never tell someone nearing retirement to not diversify.
Your risk tolerance, goals, and age should determine how much you diversify. I would never tell someone nearing retirement to not diversify.
Well @mikeshuh... I know what you are saying makes sense in a certain perspective... I remember to see some retired people loosing almost all their money because Enron stocks got bust.
However, personally for me, even if I was 65 years old, I would do all in! If I don't get rich before 70 years old? When I'm going to get rich? If I have only 10 more years to play, I'm gonna play bold!!!