I’ve recently started to research about stocks and about diversifying your portfolio. So my question is, do people buy only one or a few blue chip stock(s)?
If I were to start investing, I would be looking into buying some utilities stocks ( like fortis), other companies I believe in and would only want to buy 1-5 Amazon stocks. Through researching it seems like a good buy and with the positive news/results it makes it an even better buy.
Maybe it’s the hurdle of paying $880+ for a single stock, but I’m still in the process of researching/learning and would just like to know if people buy only a couple high priced stocks.