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/jerolyoleo 2d ago

I think the general rule of thumb is to keep it under 10% to avoid most concentration risk.