Canadians opened 2.3 million DIY investing accounts in 2020. Should you?

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With more and more people deciding to take their investment portfolios into their own hands, regulators worry about inexperienced investors 'betting the farm' and losing.

All-in-one ETFs — why you may be fine buying a single investment and holding it until retirement

While stocks come with the potential for higher gains, they’re also more volatile. Lower-risk investments like bonds, on the other hand, are more stable but also offer lower returns. What portion of your investments should you risk in the stock market? At the same time, “blindly following one of those tools might not give you an appropriate answer, they may be too conservative or too aggressive,” Felix says.

Over the long term, the stock market has performed well, but day-to-day it can go up or down. If you invest with money you’ll need soon, you may be forced to sell your holdings at a loss.

 

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