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<p>[QUOTE="Cloudsweeper99, post: 1297855, member: 3011"]This gives me flashbacks to 1999 talking to tech stock investors who thought they were "diversified" because they owned a half dozen high flying hot tech stocks. But when the crash came, they sadly realized that they weren't diversified at all because it was a single asset class. I have a lot of sympathy for concentration of investments as a path to wealth, but it should be done with eyes wide open that this is what you are doing.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1297855, member: 3011"]This gives me flashbacks to 1999 talking to tech stock investors who thought they were "diversified" because they owned a half dozen high flying hot tech stocks. But when the crash came, they sadly realized that they weren't diversified at all because it was a single asset class. I have a lot of sympathy for concentration of investments as a path to wealth, but it should be done with eyes wide open that this is what you are doing.[/QUOTE]
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