Personal Finance and Investing

Each generation has them. McDonalds 1968, Intel, Micron Apple 1990, Microsoft, Google, Facebook, Home Depot, TSLA et al. They grow and split, and grow again.

Paying mutual funds to diversify and manage is for the benefit of the fund managers and not you. They are leeches.

Yes there are low cost index funds, but there is concentration risk with that strategy because they all own the same stocks.

Beware even if you use a stockbroker, they can charge up front 3% or more. At least there isn't the yearly churn.