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MI053: Building Wealth, Staying Wealthy, and Retiring Early with Jeremy Schneider (Personal Finance Podcast)
Millennial Investing - The Investor’s Podcast Network
The Importance of Portfolio Allocation
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I think the two big pieces that you mentioned are not crippling yourself with the rest of your portfolio. If the individual stock weekend goes wrong, and that's important to do. And you can do that by portfolio allocation and keeping that percentage small in comparison to your index funds. But just because you're allocating a smaller dollar amount doesn't mean you won't still scratch that same itch if you're passionate about it. I would argue there's also like a feeling of security and happiness that goes long without saying if you have a bad day in the market.
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