I would never recommend that investors go overboard on high-risk stocks. At the same time, it’s important to remember that millionaires are not made by investing in low-beta stocks. For young investors, there needs to be some brave portfolio allocation that delivers multibagger returns in relatively quick time.Depending on the age of an investor and risk-taking ability, I would recommend 10% to 20% exposure to high-risk stocks. When I talk about risk, it does not imply speculative stocks. The idea is to con ...