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re: I have $1000
Posted on 3/14/19 at 7:21 pm to deeprig9
Posted on 3/14/19 at 7:21 pm to deeprig9
You can try to find the needle in the haystack, or you can buy the haystack. I would say with 1k, a total market ETF. Otherwise you are betting that the one stock you picked will workout best. There are opportunity costs involved in that you've actually picked the right one, and an ETF will not only reduce risk of not achieving a satisfactory return for that time period, but also reduces your opportunity cost.
1
Posted on 3/14/19 at 7:54 pm to bayoubullish
quote:
You can try to find the needle in the haystack, or you can buy the haystack. I would say with 1k, a total market ETF. Otherwise you are betting that the one stock you picked will workout best. There are opportunity costs involved in that you've actually picked the right one, and an ETF will not only reduce risk of not achieving a satisfactory return for that time period, but also reduces your opportunity cost.
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