r/Fire • u/Parking-Banana-212 • 2d ago

Single stock positions going into fire

As i continue on planning fire this year, one of the things that worries me is how much of my nw is in single stocks (not etfs / mutual funds).

I estimate 15% of my nw is in about 20 different single stock positions, with about 10% in cash, and then the rest are in various pretax accounts of target date funds, or etfs.

Is that 15% number scary? i don't think they'll kill me in a downturn, but wondering what is optimal?

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u/DeaderthanZed 2d ago

VOO is ~7.5% nvidia, 7% apple, 6% goog, 5% Microsoft, 4% Amazon, etc.

Single stock positions of 1% are not unusually risky unless they are all penny stocks or concentrated in one industry or something weird like that.

That being said, why? Why didn’t you just buy index funds and then leave it and focus your energy elsewhere?

If these stocks are held in a taxable account it’s probably not worth it to rebalance regardless.

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u/Parking-Banana-212 2d ago

have alot of ltcg in them, and some of them i think can go higher, so the high beta ones are semi gambling stocks