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<blockquote data-quote="bacha29" data-source="post: 4872873" data-attributes="member: 58386">It&#039;s about having too much of your net worth in one area and exposed to outcomes you have zero control over. Right now I have approximately&nbsp; 55 different trading positions in 2 different brokerages and spread across multiple sectors of the economy.Am I wealthy? Not really. But I don&#039;t have to go out and work a job unless one comes a long that I would find interesting. For an individual to put such huge sums of their own net worth at risk with the full and complete knowledge that it will have no votingrights , no seat at the board table no representation of any kind..... If it works out for them fine...but if it doesn&#039;t they have nobody to blame but themselves.There is something I have they don&#039;t . I can at least vote my shares and can easily trade out of any one of those positions. For contractors, especially those getting up in years, their future well being will be based on whether or not they&#039;ll go away wealthy of go away broke but whichever way it goes both decisions will be made by someone other than themselves . A person who acts in his employer&#039;s interests and no one else&#039;s.</blockquote>

[QUOTE="bacha29, post: 4872873, member: 58386"] It's about having too much of your net worth in one area and exposed to outcomes you have zero control over. Right now I have approximately 55 different trading positions in 2 different brokerages and spread across multiple sectors of the economy. Am I wealthy? Not really. But I don't have to go out and work a job unless one comes a long that I would find interesting. For an individual to put such huge sums of their own net worth at risk with the full and complete knowledge that it will have no voting rights , no seat at the board table no representation of any kind..... If it works out for them fine...but if it doesn't they have nobody to blame but themselves. There is something I have they don't . I can at least vote my shares and can easily trade out of any one of those positions. For contractors, especially those getting up in years, their future well being will be based on whether or not they'll go away wealthy of go away broke but whichever way it goes both decisions will be made by someone other than themselves . A person who acts in his employer's interests and no one else's. [/QUOTE]

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