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Old 01-15-2021, 10:49 AM   #127
mi40
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Join Date: Aug 2008
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Default Re: Stock Market Chit Chat

index etfs are general market funds like SPY, QQQ, IWM, DIA that track a basket of stocks, weighted differently - basically they're the most popular ones, and when you say trade once a day you probably mean they rebalance

etfs in general are just a collection of a basket of stocks, like there are oil ETFs, semiconductor ETFs, communication stock ETFs, financials ETF, energy ETFs, blah blah, for people who want to focus on specific sectors/companies

as for specific sectors i'm not a market genius so i can't give any recommendations that mean anything BUT it's always good have a variety of stuff. of course you can gamble disposable income away on stupid meme shit can get rewarded (or get blown up).. you know, the kind of stuff you see on TV or wallstreetbets.

i would recommend starting off with basic ETFs like SPY QQQ and reading into different sectors over time
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