So I'm kind of new to investing as I dabbled in it in 2020 and mostly took advice from my dad and brother. I use Charles Schwab since I hear that's the best investment app and I made a couple hundred dollars at most.
I know which companies to buy stocks to invest in through a website that shows what companies buy and sell one stocks so pucking which ones isn't much of an issue for me. The issue is if I'm spreading my money too much or if I need to focus on one or two businesses.
Currently I have shares in 5 businesses but I feel like I'm throwing stuff against the wall and seeing what sticks. On ine hand, I feel like I shouldn't put all of my eggs in one or two baskets, but on the other, if I spread out too much, I'll have a few shares worth $30 and a few shares worth $300 that I could've put more in the higher one.
What's y'alls advice?
Leave a Reply