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Personal Finance and Investing

Tomconroy

(7,611 posts)

3. Individual stocks are always risky

Reply to Frustratedlady (Original post)

Sat Mar 20, 2021, 11:56 AM

Mar 2021

Unless you are talking about maybe Berkshire Hathaway. Even the professionals have a hard time picking the winners. I do think a good bet is to invest in low cost index funds for the very long term. Get rich slowly. The exception for me was an investment in a health science sector fund. Vanguard has a good one. I long ago came to the conclusion that baby boomers would spend fortunes trying to live forever. Since about 1990 it has averaged over 14% per annum. But I would never try picking individual stocks.

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Highlight:

How safe are Blue Chip stocks? [View all] Frustratedlady Mar 2021 OP

If you purchase a basket of them True Dough Mar 2021 #1

How do they normally act? What is different about them? Frustratedlady Mar 2021 #2

Individual stocks are always risky Tomconroy Mar 2021 #3

Ironically, I picked 3 stocks in 2019 and all 3 did well...one at over 14%. Frustratedlady Mar 2021 #4

There's a reason they're called Blue Chip stocks. PoindexterOglethorpe Mar 2021 #5

You just don't know anymore MichMan Mar 2021 #6

They are called "Blue Chip Stocks" for a reason. A HERETIC I AM Mar 2021 #7

If you consider the much higher volatility of an individual stock as compared to broad-based progree Mar 2021 #8

Some statistical guidance*: lastlib Mar 2021 #9

Thank you to all who replied. Frustratedlady Mar 2021 #10