RE:RE:Question for the veterans and long only? I agree with you Gottofly but the most important part of any investment is the information given about the company. Especially when investing in small cap companies on the venture since the majority of them have no fundamentals to assess. The whole idea of 2% of your portfolio on any given investment is to reduce risk on investments that have a 50/50 chance of going either way because there's not enough information to derisk it further. IMO
Gottofly wrote:
Pinoy97 wrote: I invested 90% of my portfolio to PYR and 10% to HPQ. I sold my other stock so I can invest everything to PYR. From what I read and saw from Investors video that you should be investing only 2% of your portfolio to avoid risk and should diversify.
Am I doing the right thing? FYI, I did my DD so I'm confident enough to invest everything
I even convinced my 2 children to invest their own money in their own investor account. Now convinving my sister to invest.
Long and stong PYR!
I personally am overweight in PYR, but that fits okay with my risk profile. You should not be asking investment advice from discussion board members. You never know what their motives are and they do not know all of your financial background. Investment decisions should be tailored to your personal situation, taking into account age, savings, debt profile, employment situation and reliability, and forward looking goals.