Im 22 and currently have about $5k invested in the S&P 500. I’ve been getting promotion after promotion at work, so I’m making pretty solid money for my age and I want to start growing it more aggressively. I’m totally fine playing the long game.
I’ve had people tell me to invest in companies I personally like (for example, Netflix), but I’m not sure how I feel about that. It seems like most companies go through drama or volatility at some point, and I don’t really see myself holding individual stocks long-term. It feels more like something I’d hold for a year or two and then sell.
So I’m trying to figure out:
• Should I just keep consistently investing into the S&P 500?
• Should I look into other ETFs that are similar but maybe more growth-focused?
• Or does it make sense to start picking individual stocks I believe in?
For context, I’m fine with risk and I’m thinking long-term (10+ years). Just trying to be smart about building wealth early.
Would appreciate any advice