Re: It\'s time for poker players to start putting their money to work.
Buying individual stocks is too risky to be done with money crucial to your retirement. If you think you have a talent for picking stocks, you probably want to put 80% of your savings into a diversified portfolio of non-correlated assets (think domestic and foreign stocks, real estate, bonds, commodities). Dollar cost average into your positions and rebalance once a year.
Then try picking stocks with your remaining 20%. If you are good at it, you're individual stock selections' returns will quickly surpass your earnings from your safe money.
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