how would you invest say £20k.
Would you pick stocks or EFT’s?
Curious to know what EFT’s you would select and how the are doing for you - specially when you try to diversify you portfolio ?
ETF requires less effort following the news because if you choose well they are already well diversified. ETF also lower tax report complexity, because you are receiving dividends from a single product. If you have 30 different stocks instead it means you are receiving dividends from 30 financial sources, meaning a more complex tax report.
If you have time to study corporations reports and follow the news closely investment in individual stocks could be something to consider. However if don’t have much time for research ETF are better choice
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I don’t have any EFTs, not sure what they are.
In terms of investing, everyone has different levels of goals / knowledge.