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What is The Perfect Number of Stocks to Have in Your Portfolio?
By Seedly  •  November 5, 2020
When it comes to stock investing, there are two broad approaches/strategies: passive investing and active investing. The passive strategy is where you invest in a basket of stocks via exchange-traded funds that commonly track market indexes or investing in actively managed mutual funds. This can be done by investing through Robo-advisors, doing it yourself through low-cost brokerages, or engaging a financial advisor. The active strategy is where you actively buy, sell and manage individual stocks in hopes of producing market-beating returns with your investment portfolio. Both approaches have their Pros and Cons, but that is a debate for another article. A common question posed by many active investors is this: How many stocks should I have in my investment portfolio? Truth be told there is no one size fit all answer. Source: Giphy Instead, the answer to this question about the ideal portfolio size is dependent on your investment knowledge and expertise, appetite...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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