Buying individual stocks can be hard.
You need to find a ton of different ones to build a truly diversified portfolio. At any point, a corporation can be a scandal away from being worth absolutely nothing. There can be decades worth of data that you can get lost in trying to determine if something is a good pick. All in all, it is a lot for anybody to wrap their head around.
Luckily, you have another choice!
Exchange traded funds (ETFs) can be bought right on your brokerage account, and a single trade can give you instant ownership in a basket of assets. That means more diversification, less expected volatility, and data that is much easier to wrap your head around. Feel free to take ownership in some of your favorite individual stocks, but read on to see how ETFs can make building the rest of your overall portfolio a breeze!