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No dumb questions...

Absolutely, makes sense. Particularly when you are starting out investing in individual stocks. You can get instant diversification by purchasing say an S&P 500 index ETF. Then you can slowly build a stock portfolio of companies that you are interested in learning about and holding for the long term.

Many Foolish favorites are included in the S&P 500. For instance, companies like Mastercard and Starbucks.

Fool One Guide
long MA & SBUX
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