I'm a 36 year old single male and surprisingly I just got into investing. I have about half a million in savings and just opened an investment account. I have a little over a million dollars to invest, if I were to use the available margin.
I know that 10-12% is the average return on the s&p 500, but to me that sounds kind of low. Amazon is up over 500% in the last couple years, and already up 50% this year even after it dropping 25% in October.
Would it be a good idea to invest in big growing companies like FAANG - Facebook, Apple, Amazon, Netflix, and Google. Or should I leave it to the professional and invest in a EFT or mutual fund?