Why Picking Individual Stocks May Be a Better Move Right Now Than Buying Index Funds and ETFs
Many funds are about to get more expensive and riskier with the addition of SpaceX.
Why Picking Individual Stocks May Be a Better Move Right Now Than Buying Index Funds and ETFs
Overview
Many long-term investors have become accustomed to just buying index funds and exchange-traded funds (ETFs) that provide broad exposure to a mix of stocks and simply hanging on for the long haul. But this isn't a perfect strategy. There are some serious issues with buying some of the most popular funds on the market right now. With valuations rising and Space Exploration Technologies (NASDAQ: SPCX), also known as SpaceX, being added to many of them, they are going to get a whole lot more expensive in the near future.
Investing in index funds and ETFs could be riskier than normal these days, and here's why picking individual stocks may be the way to go right now.
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Originally published at www.fool.com.
