I think the saying of not putting all the eggs in one basket bears much wisdom. I would put all my money in a single stock. If I really have to choose a single stick, I would not put it in a single company. My best bet would be in an ETF and the ETF of my choice would be VTI because it tracks the world’s index. It can’t get more diversified with a single stock. It allows me to tap onto the growth of the US and not miss out on the potential big growths of developing countries. Importantly, the expense ratio is only 0.03% so it is a very cost efficient way of diversifying. So, VTI is my choice because it is cheap and offers good diversification; checking all the boxes for a Singaporean. [Sly]
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$1 Million in Only One Stock, What Would You Choose?
Most people who trade stocks dream of making their first million. But once you actually have $1 million, would you still invest it? And if so, in what?
If you could only pick one stock, what would your choice be?
Check out how people voted, unsurprisingly, QQQ got the most votes.
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