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Why individual stock investment is bad.
#7
Grieve Wrote:I have FB in my retirement account, as well as highly risky options. It all depends on your age and appetite risk. When you are young (not that I am...), you SHOULD have risky investments. Much better to do it when you are starting than when you get close to retirement. I've spent a lot of time advising friends, family and coworkers on financial stuff, and it blows my mind when I find a 25 year old putting 25% (sometimes even 50%) of their 401k funds in bonds. You need to be aggressive early, and gradually transition into bonds as you near retirement (at 42 I still have zero bonds).

Those of us who plan to retire at 40 don't have time to gamble it all away Smile
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