IFB194: Thoughts on Heavy Portfolio Concentration

Welcome to the Investing for Beginners podcast. In today’s show we discuss: * Thoughts on Palantir and heavy portfolio concentrations* How dollar-cost averaging can help you when prices rise* What to do as you approach the 15 to 20 stocks in your portfolio, where to look for other ideas, or reinvesting in your portfolio. For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Stitcher | Tunein Transcript Announcer (00:02): I love this podcast because it crushes your dreams and getting rich quick. They actually got me into reading stats for anything you’re tuned in to the Investing for Beginners podcast led by Andrew Sather and Dave Ahern with a step-by-step premium investing guide for beginners. Your path to financial freedom starts now. Dave (00:32): All right, folks, Welcome to Investing for Beginners podcast. We have episode 194 tonight. We’re going to go back to listener questions. We got some great ones through the last few weeks when we’ve been doing some really good interviews. Hopefully, you guys have enjoyed those over the last few weeks, but we’re going to answer some listener questions tonight. So I am going to go ahead and read the first question and answer this one because it kind of fits into my wheelhouse, something that I bought recently. So it’s a, it’s a question from a will. He’s from the UK, and he’s a big fan of the podcast. He’s been listening avidly, and he started investing late last year. He says I’ve started building my portfolio with some strong companies paying dividends that I’ve been dripping back into to buy more. And he has a large amount invested in ETFs that are also doing well for him. Dave (01:19): He also has invested in a few specs and growth stocks, Palantir, which is what we’re going to focus on here. So he says, he says, I like the look of it. I was looking to make a 10% ROI per year and was willing to have a way to doing that. However, I’ve hit a snag. My top allocation right now is currently Palantir, which is the ticker symbol, P L T R, for those following along. And he did his due diligence following the advice from books, podcasts, and I believe it is a strong company with high potential...