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The Short Answer

What Is Mad Money?

Speculative investments may have a place in a portfolio, but only in small doses at the fringes.

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This article was written by Keonhee Kim.

There is much talk about GameStop (GME), Tesla (TSLA), and “enter your favorite speculative stock here” in today’s market. But do these types of stocks belong in your portfolio? Can you have a reliable portfolio that will allow you to reach your long-term goals while still investing in speculative names like these?

Morningstar.com does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.