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I'm 35 years old and have built up $300,000 by obediently putting all my cash into the S&P 500. Now I'm wondering: Am I smart enough to start picking individual stocks?

A 35-year-old individual who has accumulated $300,000 by consistently investing in the S&P 500 is now contemplating whether to start picking individual stocks. Financial experts suggest that while the S&P 500 offers a diversified and historically successful investment approach, venturing into individual stocks requires a deep understanding of the market, a well-thought-out strategy, and the ability to handle increased risk. They recommend maintaining a core investment in broad market indices like the S&P 500, while cautiously allocating a smaller portion of the portfolio to individual stocks if one is willing to dedicate time to research and accept the potential for higher volatility and losses.

Read the Full Moneywise Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/i-m-35-years-old-and-have-built-up-300-000-by-obediently-putting-all-my-cash-into-the-s-p-500-now-i-m-wondering-am-i-smart-enough-to-start-picking-individual-stocks/ar-AA1DagRk ]