… “Buying stock means becoming a part owner and banking on the continued success of that company, says Judson Meinhart of Parsec Financial. But you could also lose some or all of your money if the company falters or goes bankrupt, he adds.
Another option will get you off the hook for some research (and potential risk): An exchange-traded fund (ETF) that invests in a broad swath of the market. ‘If you don’t have the stomach for the volatility of individual stocks, purchasing an ETF is a great way to instantly diversify your holdings, while decreasing the overall risk in your portfolio,’ Meinhart says.”
