Should I Start investing in ETF or picking particular stocks?
I am new to investing, I am not sure if I should start by buying ETF or finding blue chip stocks
Not an investment advice, but generally for new investors, it will be better if you can start from buying ETF as it offers a range of benefits not offered by buying individual blue chip stocks. Benefits offered are such as:
– Better diversification of your investment.
– Since you are a new investor, ETF are generally consider low risk in compared to blue chip, making it a better option.
– ETFs don’t need you to have too much investment knowledge to start investing, however, buying blue chip will require you to know what is a good price to buy and if the company have a strong moat, both required some sort of investment knowledge.
Hope this answer can help you in your investment journey!
For more info, do check out my in-depth guide on investing here: https://incomebuddies.com/how-to-start-investing/
