Why doesn Fabian recommend individual stocks?
We believe there is a simple path to building wealth and a difficult path. Both are doable, however, when it comes to sticking with an investment plan over the long-term, we believe following a simple path increases the likelihood of not only remaining true to the plan when it goes through challenging times, it also can enable you to put a greater amount of your serious money to work. In our opinion, investing in stocks is the difficult path. When picking stocks, you have to be right twice: pick the right sector…and then pick the right stock. It also takes a lot more time researching and monitoring these positions. We believe the simple path is with Exchange Traded Funds (ETFs). Instant diversification. Easy access to both sectors and international markets. With ETFs there is the ability, just like stocks, to be able to get out of the positions very easily.