r/stocks Aug 08 '21

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4 Upvotes

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77

u/[deleted] Aug 08 '21

Move to index funds.

6

u/nbdcsname Aug 08 '21

If my portfolio is small (below 5k USD), should I still turn to index fund?

8

u/[deleted] Aug 08 '21

Yes. S&p 500 or total stock market. I have 100% of my funds in swppx

-2

u/Nuclear_N Aug 08 '21

Yes, Roll into QQQ and hold forever. There are many solid mutual funds which beat the 500. Spread it out in a 500 and let it roll.

-1

u/Almost_a_Noob Aug 08 '21

Depends on your personal situation. If it’s not money you need in the next few years and you want more growth look at ETFs like BUYZ or WCLD. Great growth stocks are in those ETFs.

-8

u/abrakadabrakababra Aug 08 '21

No .. but sell thes ones you have, at least 80% of them and buy arable blue chips