I am new to the stock market as an individual investor. My small portfolio is teaching me so much, most of all that I will not increase my personal involvement in this pursuit.
Today's interesting lesson is the value of diversification. Since entering the market 10 months ago, I have purchased 10 stocks. My overall investment is insignificant to so many people, but I decided that I had to start somewhere; something is better than nothing.
Despite recent volatility, I am not too far below my initial investment. Six of my stocks are up and four are down. Two show double-digit gains, and four show single-digit gains. Unfortunately, the four stocks that are down are way down, well into double-digits. Stop-loss orders probably would have been a wise approach, but....
For now, I will continue to watch and learn.
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