Through this approach, you invest a specific dollar amount at regular intervals, say once or twice a month, rather than trying to time the market. Wyrick notes this is also an excellent strategy for first-time investors looking to enter the market during times of uncertainty. “It’s very difficult to time when to get into the market, and so there’s no time like the present,” Wyrick says. ETFs bundle many different stocks together, letting you get exposure to all of them through a single investment. Rather than investing all your money in a few individual stocks, ETFs help you quickly build a well-diversified portfolio.

Source: Daily Sun August 28, 2020 20:03 UTC