(11-30-2018, 01:29 AM)dhcruz67 Wrote: I prefer individual stocks over ETFs, but I think for those that don’t want to risk it too much then ETFs, just like mutual funds, are the way to go. Nice to get instant diversification.
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We should really start more threads around here instead of blowing this one up.
I think a half dozen of us would participate. ETFs have their place. Not that anyone asked, but I currently have two mutual funds that are equity index funds. A half dozen ETFS. 10-12 stocks I intend to hold long-term, a couple stocks I swing trade, and I almost always have 10+ option contracts open (option sales ONLY for me). I can trade mutuals and ETFs for free so that effects my decision on the ETF matter. They do offer diversification but you can lose money like a champion just the same. An ETF is no safer than a properly constructed individual stock portfolio. I struggle to find 30 great individual stock ideas so the ETFs help me gain access to some sectors I believe in longterm.
I'd like to have more individual stocks but not sure I could keep proper track of them. It's a damn short list of companies I am comfortable with a buy and completely ignore strategy. AAPL, JNJ, UTES etc.