▲ 0 r/Money
Is self managed and individual stocks less safer than going mostly all Nasdaq ?
I’m 30 and have an account that is a little over a million. I’m married to my active duty spouse ( an E2 so very little pay) and I don’t work because I am in school.
It’s currently being managed by I’d like to put most of it in the Nasdaq. My financial advisor says that it’s not really worth the risk of going all Nasdaq if 25% of my holdings already in tech. He advised me to keep letting them handle the account and take small amounts (20k ish) to place on individual stocks that I might like. Wouldn’t that be as much of a gamble as putting most of my money into the Nasdaq?
u/stayhaileyday — 5 hours ago