Rare earth minerals are vital to the manufacture of a variety of high tech products, including cell phones. China controls over 90% of the world’s rare earth resources. When that country began imposing export quotas on these resources in 2010, shares of companies like U.S. based Molycorp (NYSE: MCP) began to rise.
In a strange turn of events, as the few non-Chinese rare earth miners invested more »
If you hold one stock in your portfolio, you carry 100% of the risk of losing all of your money. As you diversify your holdings from one company to two to three, you are gradually reducing your risk of losing everything. We all know this. What most investors don’t know is that a 12 stock portfolio of domestic companies cuts your company specific risk about 90%. There are some pretty strong arguments for owning these dozen stocks in your portfolio in 2012.