you should have certified translation with original copy. Do not have the IO guess, ok?
w*l
19 楼
single stock has more risks than etf. eg, Xom is doing worse than xle recently, because xom purchased xto and it do harms to the shareholder. By holding etf, you can avoid such risks and enjoy the dividend. furthermore, for a pharmaceutical comany, there are more risks than single energy stock, because potential buyout, or lawsuit, or patent problem.... such risk is hard to predict.