I was having this conversation with a friend and we were talking about the stock market. I had told him that I speculated on some counters, and in the end I lost money in the last bull run. He said it’s better to invest in fundamental stocks. Can sleep better at night.

Then I started to think, if a person invests ALL his money into one or a few companies with good fundamentals, could it be considered speculating? Will this person be able to sleep comfortably at night knowing that all his assets are tied to these few companies, and his wealth will rise or fall together with the stock prices of these companies?

I find this very fascinating. Because I have invested most of my money into the stock market. And I have started buying fundamental stocks instead of speculating. However, I still find that I often check the prices of my stocks every now and then. Why am I doing this? Is this a habit? Am I speculating with fundamental stocks? Or maybe I have invested more than I can afford to lose?

These are some questions I will ponder upon…. when I sleep tonight.