Investing in the stock market is a proven way to grow wealth over time, and the sooner you get started, the better. But deciding how to invest can be challenging. If you opt for a collection of individual stocks, you’ll need to spend time researching each company and making sure it’s the right fit for your portfolio. If you go with index funds, you won’t have to put in the same amount of legwork, but you may lose out on certain benefits that individual stocks have to offer.
For many investors, index funds are actually a good way to go. But here’s why you may want to hand-pick your stocks instead.
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1. You can assemble a portfolio that best aligns with your strategy
Hand-picking your stocks allows you to choose companies that fit in with your personal investing strategy and appetite for risk. Say you’re really