Submitted by Nora Dunn on December 6, 2007 - 18:19.
In a world where diversification is irrefutably a good strategy, I don't understand those people who not only bank their earning capacity (ie: jobs) on one company, but their investment portfolios too! Talk about a dangerous strategy...
Oftentimes companies will provide incentives (either matching programs or discount prices for stocks) to participate in these plans. So I usually suggest that people go ahead and participate in these programs - as long as they can periodically liquidate their investments, take the gains, and move the money to something that diversifies their portfolio (and their lives) a little more effectively.
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amazing point, Mark
Submitted by Nora Dunn on December 6, 2007 - 18:19.
In a world where diversification is irrefutably a good strategy, I don't understand those people who not only bank their earning capacity (ie: jobs) on one company, but their investment portfolios too! Talk about a dangerous strategy...
Oftentimes companies will provide incentives (either matching programs or discount prices for stocks) to participate in these plans. So I usually suggest that people go ahead and participate in these programs - as long as they can periodically liquidate their investments, take the gains, and move the money to something that diversifies their portfolio (and their lives) a little more effectively.
Great post!