Investing is hard and risky. You could lose a ton of money. The more investments you have, the more diversified you are. However, there are some negatives to owning a lot of different stocks.
- You tend to have small position sizes which can cause you to invest in stocks that might not be your top convictions
- Your research can get sloppy because you are only investing a small amount and if it doesn't work out you have a lot of other positions
- You end up getting very ...