4 Stocks for Beginning Investors
If you're an investor of any kind, your primary goal should be to buy stock in great companies. But if you're a beginning investor, your other goal should be diversification -- don't park all your money in one stock. Sure, we think every stock we buy is great. But we don't always get it right. Diversifying your portfolio across at least 15 to 20 stocks as quickly as possible acknowledges your fallibility, mitigates the downside risk for your mistakes, and still gives you the opportunity for upside when you get it right.
In keeping with the theme of diversification, here are four stocks for beginning investors. I believe Amazon.com (NASDAQ: AMZN) is a safe way to anchor your portfolio. Starbucks (NASDAQ: SBUX) and PayPal Holdings (NASDAQ: PYPL) are two mature, proven businesses with plenty more long-term upside. Finally, having diversity allows you to take on a little more risk, like with a small investment in TS Innovation Acquisitions Corp. (NASDAQ: TSIA).
Image source: Amazon.com.
Source Fool.com
