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by walrus01 1647 days ago
What I meant by that is that the risk of one company that is a component of one of the ETFs taking a major nosedive (let's say, Facebook) is somewhat mitigated by the existence of many other companies in the same ETF, and that the portfolio is divided between a number of different ETFs.

PNQI ETF holdings: https://www.invesco.com/us/financial-products/etfs/holdings?...

As compared to what I was originally looking at doing by putting the bulk of the money into individual stocks, rather than ETFs, though I did also do some of that, with Netflix.