One of the most well-known investing terms is "diversification." This is the idea that risk can be spread out by investing over a wide variety of different industries, areas, and/ or financial instruments.
While this true to an extent, there is such a thing as being over-diversified, to the point where much (if not all) of your rate of return is watered down by having too many stocks with varying rates of return.
So is there potentially an "ideal" number of stocks you should own, one that walks the line between the two extremes? Find out from "Professor" Rick Plum, CFP® and podcast host Johnny Dean on this week's episode of Managing Your Financial Future!
