Part 6/9:
For newcomers, jumping straight into individual stocks is risky. Instead, consider Exchange-Traded Funds (ETFs) or index funds that track broad market indices like the MSCI All Country World Index, providing diversification across regions and sectors.
Why ETFs?
Lower risk compared to individual stocks
Diversification reduces dependency on single assets
Easier to manage and understand for beginners
If you’re new to investing, beginning with a well-diversified ETF or a global index tracker is advisable. As your confidence and knowledge grow, you can gradually explore other investment avenues.