Part 6/7:
The predominant issue is the reliance on leveraged and futures-based ETFs, which are unsuitable for new investors due to their risk and volatility. Recommendations include steering focus toward simpler investment vehicles, like broad market indexes (e.g., S&P 500), which can provide solid growth over time without the substantial risk.
Chris displays commendable foresight by investing at such a young age. However, prioritizing steady and sustainable growth will yield better long-term results than the “quick wins” sought from complex products.