Over Concentration
We know what it's like to have an emotional connection to a company. Maybe you've worked there for many years, have family members who work there, or even a family member who helped found the company. That emotional tie can often cause people to hold onto the stock, and a lot of it, for decades and through multiple generations. The problem is you can have too much of a good thing.
Investing in any company, big or small, comes with risks. That's just a fact of investing. But when your financial future hinges on a single stock, that risk can be much greater. Even though we don't want to imagine it, it could go from hero to zero, quickly. And then what?
It's never a bad time to take a look at how your investments are allocated and what options you might have for diversifying more. We can help explain those options to you and find the one that might fit your situation best.
You might be wondering, "How much is too much?" Well, it's like any recipe, it all depends on the ingredients, and what you're hoping to create with them.
Give us a call, so we can talk about what you want your investments to do for you, and how we can help.
