Should You Play with the Big Kids or Just Get a Piggyback Ride?
Before you dive headlong onto the trading floor, let’s think for a moment about how much time you’re willing to invest in, well, investing. Only you can decide how much time and energy you’re willing to devote to it. The great thing is you have options. Let’s take a look at them now.
Take the Easy Route
If you want to buy individual stocks, you’ll be competing with full-time professionals who live and breathe P/E ratios and have the latest research and the finest analysts at their disposal. Just because you like to drive, does it make sense to drive in the Indy 500? Not only are you very unlikely to win, but you also could get hurt.
Owning a single stock or a limited number ...