Step 1 of 3
Stock or ETF?
Concept
A stock represents one company. An ETF is a basket that can spread company-specific risk.
Do this
Use SPY, an ETF tracking the S&P 500, as the stable practice instrument for this path.
Why it matters
Beginning with a broad-market ETF keeps the lesson focused on process rather than one company’s news.
Common mistake
Assuming an ETF cannot fall because it contains many companies.
Check your understanding
Why is SPY useful for this lesson?
Practice in the real workspace
Return to the landing page to sign in or start a trial before opening the interactive workspace.