In this episode, Mark talks about SMArt investing. Your money should stay your money and should be unique in its own way for your goals. In order to be successful every part needs to be working for the overall portfolio; if a part is missing that will hinder success. No individual security should make or break your portfolio. Balance risk vs reward. Investment for the long term is critical for investment success. From a diversification stand point, 20-40 positions is an adequately diversified portfolio. People often compare apples to oranges, but most people are not invested in only the S&P 500. So why would you compare your portfolio to it? The longer you own stocks the less risky they become
April 20, 2017