💰Don’t make this investing mistake

read time 2 minutes

Hi there,

When most people start investing, they make the same mistake. They look for the next big stock. Maybe it's Nvidia. Maybe it's the latest AI company.

Maybe it's a stock everyone on social media won't stop talking about.

And while some people get lucky, many beginners end up learning an expensive lesson: putting all your money into one company is stressful.

One bad earnings report. One unexpected headline. One rough quarter.

And suddenly your portfolio is down 20%, 30%, or more.

That's why my investing philosophy has become much simpler over the years.

Instead of trying to predict the next winner, I'd rather own a basket of winners.

That's where ETFs come in. Think of them as a shortcut to diversification.

Instead of betting on one company, you're buying dozens or even hundreds at once.

A few of my favorite examples:

QQQ gives you exposure to many of the biggest technology and growth companies in the market. Instead of trying to pick the next tech superstar, you own a collection of them.

SCHD focuses on established companies that pay dividends. These are often mature businesses with long track records of generating profits and rewarding shareholders.

XLE gives exposure to the energy sector. Rather than trying to choose between individual oil and energy companies, you own a basket of them.

VFH does the same thing for financial companies. Banks, payment processors, and other financial businesses are all bundled together in one investment.

And if I could only choose one ETF for most people? It would probably be VOO.

VOO tracks the S&P 500, which means you're investing in 500 of the largest companies in America across technology, healthcare, finance, consumer goods, and more.

It's simple. It's diversified. And it removes a lot of the guesswork.

Now, that doesn't mean you can never buy individual stocks. I own individual stocks myself.

But I view those as a smaller piece of my portfolio, not the foundation.

The foundation is built on broad, diversified investments.

Because investing should feel more like owning businesses and less like gambling.

After years of investing and plenty of mistakes along the way, that's one lesson I wish I had learned sooner. Keep it simple. Stay diversified. And let time do most of the work.

Using my affiliate link helps support my team and I to create new content for you every week. Thank you! 

- Milan and Team

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