Robert Brokamp, CFP®
speaker
318 appearances
2 recordings
1 series
first heard Mar 2026
last heard 4 Apr
Robert Brokamp, CFP®’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Apr 2026 with 1.
Appearances
You want to pick your own individual stocks, which of course is what we do a lot here at The Motley Fool.
Stephanie, what are the advantages?
Yeah, I'll piggyback on that.
It's not only just the control in terms of buying and selling and the tax consequences, but it's your exposure to various sectors and industries and individual stocks.
It's all within your control.
The tax aspect, too, is you could also do more targeted tax loss harvesting if you're owning individual stocks than what you can get with index funds or actively managed funds.
And of course, the big, big side is just everyone wants to get the next Amazon or Apple or Nvidia, which is not easy to do.
But if you can get one or two or three of those, it can really be life-changing wealth.
That said, it's not easy.
So what are some of the downsides to investing in individual stocks?
Here at The Motivated Fool, and I've mentioned this in previous episodes, we often say you should own at least 25 stocks, but our CEO and co-founder, Tom Gardner, has moved that up to 50.
And then there are other just rules of thumb.
You don't want to have more than 10% in one stock or maybe 20% or 30% in one sector.
So that takes a lot of work to get that much diversification.
There's a concept from CPA Mitchell Baldridge who used the term return on hassle, right?
We know return on risk.
We know return on equity.
But there's return on hassle to investing in individual stocks.
It takes a lot of time to find the stocks and then hold them and decide when to sell them.
So if you're going to go investing in individual stocks, and I assume most people listening to this podcast are doing it.
Showing 61–80 of 318 · page 4 of 16
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