Should You Own 1 Stock to Become a Millionaire?

The Aaron Katsman Show

After a recent client meeting, I felt compelled to share with you the risks of having all your eggs in one basket - or rather - owning just one hot stock as your complete investment plan. I know we all get that itch to double down on winners, but as I have seen many times, letting one stock take over your portfolio can leave your finances scrambled like a bad omelet when that stock comes crashing down. I'm not saying we CAN'T make good money in hot stocks, but decades of data show diversification pays off in the long run. I want us all to profit from the wisdom of experience, not repeat mistakes of the past. So before you bet the house on the "next Amazon," think hard about whether you can stomach a 90% drop. ________________________________________________________________ SOCIAL LINKS: Facebook: www.facebook.com/AaronKatsmanLC/ LinkedIn: www.linkedin.com/in/aaron-katsman-6550441/ ________________________________________________________________ SUBSCRIBE TO THE PODCAST: iTunes: podcasts.apple.com/us/podcast/the-aaron-katsman-show/id1192234142 Stitcher: www.stitcher.com/podcast/the-aaron-katsman-show Spotify: open.spotify.com/show/1lePc1pC0giBFV1nzCGsQR ________________________________________________________________ VISIT MY WEBSITE: Website: www.aaronkatsman.com/ ________________________________________________________________ CONTACT ME: Email me: [e-mail] ________________________________________________________________ DISCLAIMER: Aaron Katsman is a licensed financial professional both in the U.S. and Israel. Call 02-624-0995 for a consultation on how to handle U.S. brokerage accounts from Israel. This video is for education purposes only and is not intended to give investment, legal or tax advice. If such advice is needed, contact a licensed professional who can help you. Securities offered through Portfolio Resources Group Inc. Member FINRA, SIPC, MSRB, FSI. The opinions expressed are those of the author and not of Portfolio Resources Group Inc., or its affiliates. Neither PRG nor its affiliates give tax or legal advice.