http://bripblap.disqus.com/life, money and everything in betweenenTue, 04 Dec 2007 07:11:55 -0000http://www.bripblap.com/2007/learning-to-walk-away/#comment-1547682You know, I started out thinking that the only way to invest was in individual stocks, and consequently exposed my portfolio to some pretty concentrated risks along the years. I think if I had put a bit more attention into spreading that risk across a few stocks, it would have made more sense, but I also could have just as easily invested in a broad index fund like VFINX. Someday I'll do the calculation of what my holdings would have been today had I done that, but I don't feel like annoying myself with that calculation yet :)SteveTue, 04 Dec 2007 07:11:55 -0000http://www.bripblap.com/2007/learning-to-walk-away/#comment-1547681I don't have enough money to create a diversified portfolio with individual stocks. While I may consider purchasing Disney (just because I love Disney World), I don't think I will be purchasing any single stocks for my retirement portfolio any time soon. I usually stick with large fund (targeted or mutual)...SavingDivaMon, 03 Dec 2007 14:32:57 -0000http://www.bripblap.com/2007/learning-to-walk-away/#comment-1547680I think we all have had a similar experience with "a tech stock"! Sounds like it was actually a very valuable learning experience, so it's all good. (And next time the husband hits the casino, I'm sending you with him).guinness416Mon, 03 Dec 2007 12:23:41 -0000http://www.bripblap.com/2007/learning-to-walk-away/#comment-1547679I agree. Unless your goal is "Get Rich Quick" (which you'd be unlikely to achieve anyway), it's better to take a loss on what could've been than to hang onto a stock that may plummet.Mrs. MicahMon, 03 Dec 2007 07:30:09 -0000