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The Financial Principals Entrepreneurs Need To Live By with Mel Abraham
The New Generation Entrepreneur Podcast
Investing in a Stock Market Fund?
i recommend that you start to look at low cost e t f an and or index funds, or target incondex funds. And the reason for that is that it mitigates your risk, because it's a diversified basket of stocks, instead of one stock. When net flik dropped, you felt it really bad. A when if net flix was just part of an e t f, and it was one of a hundred stocks, you would have felt it, but it would have not been nearly as bad. So we don't leave it sitting in a one % savings account. We actually start. by putting money into high ield cash accounts.
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