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The Hidden Risk in Your Portfolio
Manage episode 489050820 series 2910154
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What do Enron, Lehman Brothers, and GE have in common? They were once Wall Street darlings, until they weren’t. In this episode of Five Minute Finance, Mike Morton and Matt Robison unpack the hidden danger lurking in many portfolios: single-stock concentration. It feels great to ride a stock like Apple or Amazon to new highs, but if more than 10% of your wealth is tied to one company, especially if that company is your employer, you’re playing a risky game. We explore how this happens, why it’s riskier than you think, and what to do about it. From step-down plans and tax-smart strategies to the power (and pitfalls) of Net Unrealized Appreciation, this episode is your crash course in protecting your financial future.
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Learn more about Mike and my services at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/
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