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Do you own Stock?


Do you own stock?  

  1. 1. Do you own stock?

    • Yes
      56
    • no
      15


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We do. We used to purchase stocks directly, but the time commitment to managing it was too much, and the risk too high. Most of what we bought was in Bud's industry since that is what we understood well enough to purchase. A few years back we moved most everything to mutual funds, since we didn't want the time commitment, and we particularly didn't want the risk of Bud's empoyment AND all our investments being tied up in one industry.

 

If you are interested in buying stocks, it's probably a safer thing to find a well-managed, no-load mutual fund. If you like the roller coaster ride and can stomach the additional risk, then have fun picking individual stocks. Of course, as has been demonstrated very clearly, EVERY investment carries a certain amount of risk!

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