Quote:
Originally Posted by hispy99
I am not denying that you'll hit the jackpot if you put all your eggs in one basket and it pays off. The problem with that strategy is that if you are incorrect, then you are toast (By the way, putting all your eggs in one basket sounds more like a get rich quick scheme than spreading your risk amongst 3 stocks).
For someone (Eagle1) that is just trying to get into the stock market, I do not think it's advisable for him to take that approach.
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well tactics and approach are different from individual to individual.
i have tried diversification and just started the volume thing late last year, its been fantastic changing tactics of investment.
volume trade or choosing one company is not a get rich quick, i dnt expect you to call it that name really.
great minds have disccused for and against diversification and concentration, it now depend on individual to choose which school of thought he belongs to.
the way it wrks is that, you dont do minimini-manimo to choose your company, you buy after a good and unsentimental research.
well lets still stick to our opinion based on your investment objectives.