Quote:
Originally Posted by Bill Bumface
I really see zero reason why a person in that situation wouldn't be investing in ETFs only.
You need a pretty sizeable portfolio before individual stocks starts to make sense.
Sure they are fun, and lots of us do it, but the stats on how many people can consistently beat whole market returns for more than ~10 years say none of us should be investing in individual stocks.
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Well I definitely agree with you regarding the size of the portfolio and issues surrounding diversification and that angle. The "beating the market" discussion is a pet peeve of mine. I have a longer piece on this and if it gets through my compliance department I'll post it here for people who are interested.