Should I sell PYPL to diversify my portfolio?

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theone^

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theone^
Dec 2, 2020 15 Comments

My stocks portfolio is made of 80% PYPL and the rest are like AAPL, MSFT, TSLA, NVDA, BABA, some pharma, etc. No other FANG so far, at least no LONG positions.
I am planning to sell at least 20%-30% of PYPL stocks and invest in IPOs and some green stocks/ETFs for diversity and growth.
I don't keep cash a lot other than emergency fund, so no way to pump fresh money.

Given that PYPL performed very well during the pandemic and might continue the similar momentum, I am a bit reluctant to do so.
What do you guys think?

Update: 80% is 100s of thousands

#personalfinance #investments #pypl

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