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What stock ETF advice do you suggest?

Posted: Mon Mar 09, 2020 9:06 am
by Sherita Boyd
As I think, basic rules to follow are the following. They are 1. Invest regularly; 2. Invest in broad index/ETF funds; and 3. Never ever go to an adviser who charges a fee. I am not saying they are not smart but no one can predict and you will be good with investing in broad index/ETF fund. Is there any other broad ETF advice and stocks you can give?

Re: What stock ETF advice do you suggest?

Posted: Tue Mar 10, 2020 8:36 am
by admin
Broad Index meaning S&P 500? Or a total index fund, even including Russell? Yes, if you have limited assets, paying for professional advice is a bad mistake. It is possible to learn financial literacy on your own, and as part of that learn about investing in ETFs, stocks, and other investments.
Sherita Boyd wrote:
Mon Mar 09, 2020 9:06 am
As I think, basic rules to follow are the following. They are 1. Invest regularly; 2. Invest in broad index/ETF funds; and 3. Never ever go to an adviser who charges a fee. I am not saying they are not smart but no one can predict and you will be good with investing in broad index/ETF fund. Is there any other broad ETF advice and stocks you can give?

Re: What stock ETF advice do you suggest?

Posted: Sat Mar 21, 2020 8:11 am
by Myrtis Weed
Buy ETFs with Wal Mart, Dollar Tree, and similar affordable options. According to NJ Congressman Frank Pallone Jr. on Monday this week alone there were 15,000+ new applications for unemployment insurance. All of them will be looking to save money.
The number is for One Day. NJ is a small state with around 8 million residents compared to California with near 40 million residents.
Our Unemployment numbers are going to Skyrocket very fast with NJ alone reporting 15,000 new claims in just One Day. At that rate it would be 75,000 new claims in just one week in NJ alone.. Sad indeed. Therefore buy ETFs with low price leaders in their industries.

Re: What stock ETF advice do you suggest?

Posted: Sun Mar 29, 2020 11:48 am
by admin
Yes, there were 3.1 million who filed for un-employment. Honestly, with the huge market sell off, buying just an S&P 500 ETF is probably a good idea! Get some diversification.
Myrtis Weed wrote:
Sat Mar 21, 2020 8:11 am
Our Unemployment numbers are going to Skyrocket very fast with NJ alone reporting 15,000 new claims in just One Day. At that rate it would be 75,000 new claims in just one week in NJ alone.. Sad indeed. Therefore buy ETFs with low price leaders in their industries.