Investing expert shares $1 million strategy on TikTok advocating diversification and long-term approach.
From Yahoo Finance: 2025-06-22 14:09:00
Investing expert Austin Hankwitz shares his $1 million stock market strategy on TikTok. His three-step plan advises against treating stocks like a casino and emphasizes a diversified portfolio with ETFs like VOO and VTI. Hankwitz also warns against trying to time the market and suggests a long-term approach.
Diversification is key, according to Hankwitz, who recommends expanding beyond stocks and index funds to real estate, international funds, and precious metals like GLD and SLV. Avoid market timing and stay invested for the long term. Seek advice from a financial planner to navigate the investment landscape successfully.
Read more: This Investing Strategy Could Earn You $1 Million