The risk isn't worth it to me. Only you can decide whether the risk is worth it to you. The only thing that's certain is that individual stocks always introduce unsystematic risk. Any individual stock could do much better or much worse than the market as a whole. I'm satisfied with the certainty of getting nothing more or less than the market's return.It's because my husband keeps bringing up certain stocks like NVDA and Pltr like something magical is going to happen so I keep thinking I'm going to miss the boat or something. I am hoping someone says the risk isn't worth it so I can just not invest in those and keep contributing to the SWTSX.
Yes, absolutely.
It will also have the potential to have a heck of a lot less money with individual stocks added. You'll be taking on totally unnecessary and avoidable unsystematic risk. Why do that? Are you feeling lucky?
Also: takes vastly less mental time and energy to simply invest in total market index funds rather than continually researching and monitoring individual companies in the hope of outperforming and outsmarting the market. There's better and safer things to do with one's time.
Statistics: Posted by Rocinante Rider — Thu Dec 12, 2024 10:40 am