Stock Investors: How to Gain more in Stock Investment?
They say buy blue chips and distribute evenly.
But i can only get 10 shares per stock at maximum.
Should I follow them? or should I just buy 1 blue chip stock and buy 100 shares of it, so that i gain more at the slightest movement.
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First of all, don't take financial investment advice from random people on the Internet.
Diversification helps to keep your portfolio from swinging too wildly. If you're invested in just one stock, sure, it could go way up, but it could also go way down. Stocks do go to zero sometimes. If you had ten stocks and one goes to zero while the others stay the same, you only lose 10%. If you had invested everything in that stock, you'd lose it all.
If this is just fun money that might otherwise be spent buying lottery tickets or something, then go wild. Don't invest your retirement fund this way, though.
is it possible that a blue chip stock becomes a penny stock?
https://en.wikipedia.org/wiki/Enron#Peak_and_decline_of_stock_price
I saw the title days ago and dismissed this thread as being spam...