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meiharuka

02/08/11 9:43 AM

#15607 RE: researcher59 #15546

CCME is 5.67% of my portfolio. I expect some junior mining companies to shoot the money, but none of them are over 10% of my portfolio.

Must Be Patient

02/08/11 9:50 AM

#15610 RE: researcher59 #15546

I agree completely. Let me put it this way, what if you are some never-seen-before stock market god and you are right 95% of the time. Should you invest 90% in any one stock? Nope, because 1 time out of 20 you will still have unfathomable losses that you cannot recover from, and you will be out of the market.

(By the way, the lesson from this post came to me the hard way. Take heed!)