![](https://investorshub.advfn.com/uicon/354233.png?cb=1516217837)
Sunday, May 02, 2021 3:24:56 PM
Diversification is for those that don't know how to do proper DD and are just hedging against their ignorance. If you really take the time to turn over every stone and cover yourself from every angle, then diversifying doesn't make a whole lot of sense. Since I spend most my time on ENZC and only a small amount of time scouting other tickers, it makes sense for me to hold what I know, ENZC, as I wouldn't have the bandwidth to stay on top of 5+ OTC tickers. 90% of my Portfolio is ENZC, the rest are cryptos which is really more of a hedge against stock market as a whole given that there are external forces out of our control as shown in the Feb/March bear market.
I know some prefer to hold 10+ tickers, and that to me is insanity, especially if they are all OTC. Spray and Pray, OR treating stocks like a lottery ticket is a sure way to end up like 85% of traders that lose money instead of making money every year.
PS - this is just my investment philosophy. I daytrade too, where those are quick in and out. Most the time I'll just play on the momo/news of the flavor of the day, but I won't advertise those plays because I have no intention on holding. Day trading other stocks has allowed me to build up a significant amount of ENZC shares that I wouldn't have otherwise.
Recent ENZC News
- Small Cap Recipient of Military Drone Technology • InvestorsHub NewsWire • 11/20/2023 01:14:45 PM
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM