Just a further point/emphasis on a Roth: I really don’t think you want to put much Roth money into a potential high flyer that could be very risky. There is too much “single stock risk” for a single stock in a Roth that is hard to replace. So to me, perhaps a 5% play is okay but you don’t want to lose substantial Roth space on an Enron, CMGI, Global Crossing, GE, Pan Am, Etc.) I’d vote for something that has very good long term potential and avoids “ single stock risk”, but perhaps sacrifices the “Potential Home Run” for something that is very likely to perform well over the long term (e.g., I’d go for a long term growth fund).
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