
From Zero to Investor: The Journey Of A Millennial Getting Into The Markets - Part 1
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How to Pick Your Stocks Based on What You Know
If you're a novice from an investing perspective, would you suggest I follow my gut and try pick my stocks based on sort of what I know? That is a great question. We've spoken on the show many times that there are ways that you can get into the market that take away the concentrated risk of picking individual stocks. It comes down to your risk profile, I guess. My line of thinking at the moment is probably my level of risk acceptance or risk tolerance is correlated with the amount that I have invested. As that figure goes up, and probably in the long term, as he gets older, I imagine I'd be more risk-averse. But look, I'm not
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