Maintain a limited number of stocks in your portfolio, CNBC’s Jim Cramer advised investors. Too many stocks can often lead to fewer gains, according to his experience.
Cramer learned this lesson while working at his hedge fund years ago. He observed that his portfolio’s performance was linked to the number of stocks he held. The fewer stocks he had, the more money he made, Cramer said. Now, Cramer won’t buy a new stock without first taking an old one off the table.
Jim Cramer’s guide to investing: Don’t own too many stocks
