I’m 19 and I have some extra capital to invest. Since learning that the technology sector in the S&P 500 returned 37% in 2017, I want to invest all (or most of) my money in a single ETF that contains those stocks.
With a compound investment calculator I calculated that if that yearly return remained the same, I could comfortably retire at 50.
Am I making any beginner mistakes in thinking like this? I’ve just started learning about investment and trading this year.
Submitted January 09, 2018 at 04:54AM by AlphaDonkey1 http://ift.tt/2CX0Wk6