I was wondering if you think it's a "waste" (maybe redundant would be better phrasing) to buy common stock of a company that you already have a stake in through an ETF.
I was wanting to get some $BABA stock, but I do have shares of the ETF CQQQ, which had Alibaba as it's second highest holding at 10.55%. I suppose the percentage would be the factor, obviously if it was at 1% it would probably be worth it.
I will say my capital is limited--we're single income since I stay home with baby, so I'm wondering if my money would be better into something I don't already have a stake in (thinking $SQ AND $PYPL).
Thank you for your input.
Submitted November 21, 2017 at 12:00PM by andthenisawtheblood http://ift.tt/2AZOkUW
