Hello everyone, new to stock trading. Was always a mutual fund and ETFs fan. Lately have been trying to get educated on stocks. Thanks for opportunity!
View 6 more comments
Welcome to Commonstock, Linda! Glad to hear of your growing interest in individual stocks! Welcome to the dark side ;) My thoughts for anyone just starting is to try and get to a diversified portfolio of about 15 stocks as soon as you can--and that's easier to do than ever with low-cost brokerages and fractional shares. I think the worst is when folks new to stocks buy just 1 or 2 companies, the market takes a hit, and then they get turned off to individual stocks forever. But if you have a whole basket of stocks and you see them moving similarly or some are zigging while others are zagging it just feels a bit easier.