Is There Such a Thing as Owning Too Many Stocks?

You'll often hear that the key to being a successful investor is maintaining a diverse portfolio. And for the most part, owning six or seven different stocks won't get you there.

Rather, as a general rule, it's a good idea to hand-pick at least a dozen stocks for your portfolio. And you may want to aim for 20 to 30 stocks for an even more diverse mix.

But at some point, you may end up owning far more stocks than that. The question is: Is there really such a thing as investing in too many stocks?

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Source Fool.com