One of my hobbies is collecting food, drug and soap company stocks. I try to keep my money within the stocks I own. The daughter and grandaughter drive me up the wall with buying General Mills stuff. I realized the products are all over my home anyway so I bought the stock. I am working on the last six I don't own. I probably will buy a position in one or two.
I hope you're a scipophilist and don't consider this a satisfactory method of building a diversified portfolio.
ReplyDeleteWho says I don't have other stocks.
ReplyDelete"One of my hobbies is collecting food, drug and soap company stocks."
ReplyDeleteSounds good as a hobby. Not so good as investment advice. Hobby?
I make money regardless and do fairly well key is long haul.
ReplyDelete