Would it be a good investment strategy to buy stock in all 30 companies?
Look up the "Dogs of the Dow" strategy and I like the "Dow 7" or "DOW 5" techniques.
Look those up and you will learn a lot.
The DOW stocks are the biggest and are picked to represent their industries. They do much of the dollars in business in the country so there is a reason to own them.
But they also have the big influence in something like the S&P 500 which is market cap weighted meaning the bigger the company the more influence it has on the index.
The advantage is that they have been identified as some of the largest most stable blue chips. If you want a conservative list, there it is.
If you buy stock in all thirty, you are paying thirty times the commission you have to. DIA is an ETF set up for people who want to own the DJIA.
No way. Pick up good companies like JNJ and KO. If you want to buy all the stocks, then go with the dow ETF with symbol DDM.
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