It fluctuates enough that you could day trade it if you wanted. Still pays a dividend. If you're going to buy individual stock though plan on a buy and hold strategy. And when it dips buy a little more, it's essentially on sale. If you want less volatility buy mutual funds. Sure you pay a management fee but it's managed to the goal of the fund.
and the goal of the fund is to take your money & post returns just good enough to slightly outpace the market (if your lucky) while padding their wallets w/ the fees- another legit concern w/ investing in mutual funds esp if you’re younger? They’re dinosaurs- the mgmt group may not even be around in 5-10 years as everyone slows comes to the simple realization- they’re a rip off. For similar fees you could just go to a financial advisor group you deal w/ one on one or on phone let them take the 1% & manage your portfolio while actually having some transparency. What also sucks about mutual funds besides not truly knowing what your invested in, & charging you up the ass in fees, is they’re not as liquid & you can’t bail on em as easily in times like these to deploy fresh capital & buy more stock. I have some mutual funds in my portfolio- no friggin clue what they’ll be trading @ tomorrow morning come 930, & looking at it that way- they’re the opposite of “safe” investments IMO.
Course you could argue ETFs are great if you time the buy right (now would be a good time) & have a diversified (or lucky) mix of exposure. While the fees are extremely low, have to be weary in terms of how popular/widespread ETFs are & that a lot of “knee jerk reaction” trading goes on in the background by robotrading/algorithms which can add unnecessary volatility.
Which brings me to where I’m in agreement w/ ya- how many people you know who got rich (not MAINTAINED their wealth) buying mutual funds OR ETF’s? I’m sure same as me- none. I am sure many people know someone who got wealthy buying STOCKS. Gotta grow a pair. Gotta have long term outlook. But unless you wanna try your hand in real estate (which can also crumble) or app making I can’t think of any other good legal way to
“Get rich quick”
that being said? I may buy some Ford stock now. I’m adding to all my positions- 6-18% dips in 48 hrs across all holdings necessitates it.
love the divvy paying stuff- the aristocrat stocks, REITs, quality spider/Schwab/vanguard high yield funds. Adding 10% more to my VYM position just before responding to this!
Not sure if Ford is going to be a much better company in a year, but I am sure if there was a time to buy in- now isn’t a bad one. And if you do buy it- like everyone says- HOLD it!!