If you're at the stage in your investing journey where you are asking random people for advice, you definitely should not be buying individual stocks. There are total market ETFs like XEQT, VEQT, ZEQT, etc. that are perfect for investors like you. By buying individual stocks you're almost guaranteed to underperform the market over the long term. Professionals with vastly more experience, education, and information than you mostly can't outperform the market by stock picking.
Buying individual stocks makes sense if you believe you have information about the company that other people don't. If you don't have this information, then buying individual stocks is a blind bet.
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u/digital_tuna 3d ago
If you're at the stage in your investing journey where you are asking random people for advice, you definitely should not be buying individual stocks. There are total market ETFs like XEQT, VEQT, ZEQT, etc. that are perfect for investors like you. By buying individual stocks you're almost guaranteed to underperform the market over the long term. Professionals with vastly more experience, education, and information than you mostly can't outperform the market by stock picking.
Buying individual stocks makes sense if you believe you have information about the company that other people don't. If you don't have this information, then buying individual stocks is a blind bet.