Breaking into Finance
Learn how professionals manage money for businesses and individuals to increase wealth.
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Here is a great resource for understanding financial markets and all of the different types of stocks that are common now- https://www.fool.com/investing/stock-market/market-sectors/financials/
Really interesting. Thank you!!
How do I diversify my investments? Are individual stocks good for long term investments?
There are many ways to diversify your investments. Perhaps the easiest is to invest in an index fund - which is diversified by definition. There are index funds tied to sectors such as energy or real estate, and others that include all sectors.
In my experience, selecting individual stocks can expose you to unnecessary risks.
Yes it is. A few tips is to learn the basics before you throw your hard earned $$ at things. I’d suggest reading through fool.com as a start.