Re:Meta Reports Fourth Quarter and Full Year 2022 Results
by sicp-enjoyer on Wednesday February 01, 2023 @09:54PM
(#34621440)
And that 1 share still outperformed the equivalent amount of S&P.
Re:Meta Reports Fourth Quarter and Full Year 2022 Results
by thunky on Thursday February 02, 2023 @09:04AM
(#34626599)
Right, but my original point was that no normal person (including OP) dares to take such a risk with a single stock, so in real life there is no "equivalent amount of S&P" in the equation.
But 5% is probably much more than anyone should allocate to a single stock.
And just to demonstrate my point, he could have bought 1 share of meta a couple months ago for $100. And he could have $1 million in his 401k.