[proxy_user]

The best investment advice I ever gave myself, is never put more than 3% of your net worth in any one investment.

If you have diversification, you will be hit by the bad things, but that will be made up by the good things.

[hoosierham]

Sound advice.

What is the old admonition never to put all one's eggs in one basket?

Those who lose the most are often those who foolishly hoped to get rich quick with little or no effort.

[oh8eleven]

If you have diversification, you will be hit by the bad things, but that will be made up by the good things.
Agreed. However, I put all my retirement money into a fixed rate fund and I'm at the point (and age) where that'll have to do.
I make a little money, sleep nights, and that works for me.