Browse past tech stock questions and answers in the Ask Matt archive . And there are hundreds of investment clubs in the USA where investors pile their cash together and make group decisions on what stocks to buy and sell.
Investment clubs have several advantages to investing solo.
For one thing, it's easier to diversify your portfolio. With more cash at your disposal to invest, you're able to buy meaningful stakes in a larger number of companies. You also increase the number of eyes you have poring over news about the stocks you own and watching the market. This additional insight from members of the club can only bring more facts into the decision. With all that said, pooling money together, especially to buy tech stocks, isn't for everybody.