Every experienced investor knows you should diversify your investments a little. I already do, but I have a specific question. Let's say someone is new to investing wants to invest their money and doesn't want to spend a bunch of time learning the types of investments. So I tell them, put all their money in SPY. On one hand, SPY is just "one" investment. On the other hand, SPY is really 500 different companies. By just buying SPY, would you say they're diversified?
2006-12-21
11:36:51
·
9 answers
·
asked by
Anonymous