ilmscore | Prediction Details
"The alternative to investing into an individual company is to invest in something like a fund maybe a dividend paying ETF, a dividend paying index fund, a dividend paying mutual fund. Now instead of investing in one company like let's just say Apple, now you can invest into a basket of companies that have say 500 different companies in here and Apple is just one of the companies and there's 499 other dividend paying companies in here. So now we can go and find these dividend pink funds again, you have ETFs, mutual funds, index funds, you go and find one of these dividend paying funds that invest in companies that are paying a dividend. Now you invest in one thing that's investing in 500 different companies. Now you can lower your risk because if Apple were to go bankrupt, well now you have 499 companies to balance it out. This way you can lower your risk and keep getting those dividends that now you can just keep throwing your money into one of these funds."
By Minority Mindset | April 7, 2024 | Pending
From video
Be A Millionaire Index Fund Investor (Index Funds vs. ETFs vs. Mutual Funds) 01:37:51 - 01:38:45
Interpreted Prediction
Instead of investing in individual dividend-paying stocks, one can invest in dividend-paying ETFs, index funds, or mutual funds that hold a basket of dividend-paying companies (e.g., 500 companies). This diversification lowers risk while still providing dividend income.

Prediction Details

Topic
Dividend ETFs

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