I'm listening to Jim Cramer, and getting swept up in the idea of FANG - Facebook, Amazon, Netflix and Google.
While I'm fully aware that I already have plenty of exposure to them in my S&P 500, I'm curious about how much an impact of a side portfolio within my retirement accounts would have?
If I were to have put 5% of my net worth in Apple in the 80's, that 5% would (in my mind) be worth more than my entire portfolio of mutual funds. If they had gone bankrupt, the 5% wouldn't have killed my portfolio.
So - the feedback I'm seeking, is has anyone evaluated the value of direct stock investing with a small % of retirement accounts? Pro's and cons?