How Much Is Enough?

How many investments should you collect?

Morningstar.co.uk Editors 9 July, 2013 | 7:00AM
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Most of us collect something. For some, it's rare coins. For others, it's stamps. Still others collect clothes.

Some people collect investments. They may own a dozen funds, others might own these funds and 25 or so stocks. That's a lot of investments.

The problem with owning too many funds and stocks is that you can easily lose sight of the wood for the trees. You start out as an investor with an investment goal and a portfolio tailored to you and turn into a collector who has forgotten what your goals are.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Morningstar.co.uk Editors  analyse and report on shares, funds, market developments and good investing practice for individual investors and their advisers in the UK.