Expert: Paul Henneman - 4/15/2009

Question
Hi Paul,

I am fairly young (25), make about 50K/year and am debt free. I am a fairly new investor and want to be aggressive. I know that individual stocks is the best way to be aggressive but there are 1000's of stocks and its difficult to know which ones to pick. Do you have a strategy that can help me be aggressive and pick about 20 or so stocks to start an aggressive portfolio.

What do you think about Vanguard mutual funds and ETFs?

Thanks.

Answer
Parag,
  Thank you for your question!
I think that really the best thing for you would be to find a research service that you trust, and follow their recommendations on trading a stock portfolio. Services such as Zacks, AAII (American Association of Individual Investors), and my own company valuengine.com do extensive research to create stock portfolios that can be traded by subscribers. The portfolios strategies differ in how aggressive they are, so be sure to carefully research the past performance and goals of the portfolio strategy you are interested in.  There are many other services that do this, a google search for "Financial Newsletter" will definitely give you alot of options to investigate.
  Yes, mutual funds and ETF's are a way to go, but not as aggressive as a stock portfolio. They do however typically offer lower risk.

I hope that this helps, please do not hesitate to follow up with me if I can be of any additional service,

Sincerely,
Paul Henneman
President
ValuEngine Inc
www.ValuEngine.com