Throughout this website we
recommend exchange traded funds (ETFs) for novice investors. We
do this because the recommended ETFs give you good diversification across most countries and
all industries. If
you are new to investing, it is probably best to stick to our recommended ETFs.
If you have no interest in the stock market, you can continue to buy and hold
these ETFs forever.
If you are interested in expanding your investment knowledge,
and think you can get a better return with other investments, you should
continue holding the ETFs, because they are a good solid base on which to build
your investment portfolio. You should only buy different investments as
you add new money. Before buying other investments you have to decide if
you want to do your own research, or get a financial advisor/broker.
If you
deal with a stock broker at a full service brokerage, you will have access to
research from the brokerage, and from any private research companies that the
brokerage deals with. The broker will recommend you buy certain stocks
that their analysts have recommended, and will want you to sell other stocks
that they no longer recommend. Since you will have to have trust in your
broker, you should interview a few different brokers, and find the one
that you feel most comfortable dealing with.
If you decide to do your own research, there are
many places that you can find information, such as