I have diversified my portfolio into tech, healthcare individual as well as ETFs such as S&P 500. My portfolios are slightly positive so far. It is good to keep calm and educated during this uncertain time.
Is Your Portfolio Well-Diversified?
During a market downturn, people often talk about the importance of diversification. đ But how many stocks should you actually own to be truly diversified? đ¤
A prevailing statement is that you should plan to own 25 to 30 stocks if individual stocks are to make up the majority (50% or more) of the equity part of your portfolio. đź Owning at least 15 stocks helps avoid over-concentration in any single stock or sector. đ
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