Todd Sohn, ETF strategist at Strategas Asset Management, offers a straightforward approach to ETF investing for beginners. He recommends examining an ETF's contents, likening it to reading a food nutrition label, to understand its focus and holdings before making investment decisions.
Sohn goes on to say that he is not averse to investing in individual stocks, but if that particular stock goes through a challenging time, you can 'balance it off' with an ETF.
He shares his insights with Yahoo Finance’s Jared Blikre and Sydnee Fried on "Stocks in Translation." Listen to the full episode here, or wherever you get your podcasts.
This post was written by Jimi Corpuz