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There's nothing wrong with investing a small portion of one's portfolio in riskier growth stocks like these.
Most of my portfolio is invested in stable companies with excellent cash flow and a high probability of future profits. But I do own some stocks that could be considered on the riskier side. In this video, I discuss the five riskiest stocks I own in my portfolio and one speculative growth stock I'm thinking of buying.
*Stock prices used were the morning prices of Oct. 18, 2024. The video was published on Oct. 20, 2024.
Matt Frankel has positions in Lemonade, Nextdoor, Redfin, Roblox, and Upstart and has the following options: short December 2024 $60 calls on Upstart. The Motley Fool has positions in and recommends Lemonade, Nextdoor, Redfin, Roblox, and Upstart. The Motley Fool recommends the following options: short November 2024 $13 calls on Redfin. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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