I've been thinking for a while about including a particular ETF in my portfolio from an area that I don't really understand, or where I find it better to put money in multiple stocks rather than one.
Do you have any ETFs in your portfolio, perhaps from just one sector, and if so, which ones?
A community member's personal view, not investment advice. Community Guidelines
SJ
Why would I want to expose myself to an area I don't understand? That's like boldly going into a test I didn't prepare for and expecting something other than a 5 in the result :D
BC
I don't mean that literally again, sorry for the bad wording. However, when it's a riskier sector, but I can see the potential there, the ETF may be a good alternative.
YE
Why do something like that? It's risky whether you have one share or a bundle. Invest for the long term in things you understand as much as possible.
BC
You're right, and I agree. Of course, it's not that I don't understand the sector completely, but I'm not sure about it, for example, or I find the sector risky, but I see potential there, so at that point ETFs seem like a fine alternative.