3 Reasons to Add Boring Stocks to Your Portfolio
I was initially drawn to investing by the idea of owning exciting companies driving the future of technology. I remember as a teenager doing some back-of-the-envelope math to see how much money I'd have if I'd simply bought my birthday money's worth of Amazon or Apple stock when I was a young child.
It's fun to invest in companies that are trying to change the world, but that excitement comes with risk.
According to Embroker, 90% of start-ups ultimately fail. And while the failure rate for public tech companies is certainly lower, the odds of finding the next Amazon or Tesla are extremely low. That is why smart investors understand the importance of buying boring companies, not just exciting ones.
Source Fool.com
