[deleted] OP t1_j6p5qk4 wrote
Reply to comment by [deleted] in Stupid question...why diversify? Why not dump all investment money in one low cost index fund? by [deleted]
No diversification only serves to lower risk- if done correctly. To increase risk, concentrate your position. This could increase or decrease return greatly over time from a diversified portfolio. Diversified portfolios spread out your assets and make long term investing outcomes much more narrow.
[deleted] OP t1_j6p5t6i wrote
If you have less than $250k buy a couple index funds and move on with your day. Keep buying every month. It’s that simple.
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