After a rainy day savings, do you put every penny you save end of month to buy individual stocks or ETFs and mutual funds ? Currently using Robinhood and increasing my portfolio in there. Should I continue stock picking on Robinhood or start using Wealthfront/Betterment/etc ?
Individual stocks. YOLO.
Index funds. Take the market return guarantee.
20% stocks 80% mutual fund+etf
100% individual stocks. But I would say that this is not for everyone. I just do crazy amounts of my own research before investing, have a disproportionately long term horizon and have the temperament to digest volatility. Most people don't so for them index funds work best.
Cash, RE, mutual funds, individual stocks.
diversify