Building a Dividend Portfolio: How Many Stocks Are Enough?

How many dividend stocks should you own in your passive income portfolio? It’s a common question and there is no way to answer it perfectly. Why? Because you could probably bring 10 different “experts” and they would all come up with different answers. There is no perfect answer, but it’s a question that I get so often that I thought it’d be interesting to at least give my point of view. Let’s start with the basics. Why you would want a number of stocks to be as small as possible? Having fewer stocks also means less trading fees. The more companies you have in your portfolio, the more difficult it becomes to track them. Why you would want it to be a big as possible? To smooth the passive income (adding companies makes dividend changes for one company less visible). To not depend on a specific sector or company too.... Read more