| There are three popular ways for individual | | | | investors and allowing professionals to invest it for |
| investors to invest in the stock market: buying | | | | you. The advantage here is that you do not have |
| stocks directly, mutual funds, and ETFs (exchange | | | | to follow your investments yourself, since |
| traded funds). Each of these options have their | | | | someone else is doing the work for you. Also, |
| plusses and minuses. | | | | mutual funds tend to buy hundreds or even |
| Buying stocks: The most simple and | | | | thousands of stocks, so even just buying one |
| straightforward method to invest in stocks is to | | | | mutual fund can give you diversification. The |
| just buy them! All you need to do is sign up at a | | | | drawback is that most mutual funds |
| broker and buy whichever companies you decide | | | | underperform the market (due to fees and asset |
| are the best investments. The benefits of this | | | | bloats), so most of the time you are actually |
| method is you choose which companies you | | | | better off just randomly picking stocks yourself! |
| believe will perform best. Of course, the | | | | ETFs: An ETF is like a mutual fund, except it |
| drawbacks here are that you may not have | | | | passively tracks an index like the S&P 500. The |
| enough time to identify which stocks make the | | | | advantages of the ETF are the same as the |
| best investments. It is also sometimes hard to | | | | advantages of the S&P 500. Also, since ETFs just |
| diversify your portfolio, since you likely will not | | | | buy whatever stocks make up an index, they |
| have substantial knowledge on a variety of | | | | have lower fees than mutual funds. However, by |
| stocks from various sectors. | | | | its nature, an ETF will never beat the market |
| Mutual funds: If you decide you want someone to | | | | since it just attempts to mirror the market. ETFs |
| do the investing for you, consider investing in | | | | have become increasingly popular though since |
| mutual funds. When you put money into a mutual | | | | many investors have become disillusioned with |
| fund, you are pooling your money with other | | | | mutual funds. |