5 Critical Retirement Mistakes to Avoid
3. Buying Too Many Company Stocks
No matter how good a company stock is, it is never advisable to invest all your money in a single company stock. You might get lucky and earn lakhs of rupees due to a single company stock but you can fall just as hard if the stock performs poorly. Even a few of the blue-chip stocks of India are facing troubles now, including Anil Ambani's Reliance Group. So, if stock giants like Reliance can see dark days, the same can happen to other stocks as well. So, it is better to diversify your portfolio and try and fail-safe your investments. This way the risk gets divided. After all, fool-proofing your investment is your birthright.
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