@Kaile said in Why are ETFs more recommended than individual stocks?:

ETFs mostly offer tax-efficient investment strategies because of their structure, often leading to fewer capital gains distributions than actively managed funds. So for a new investor, ETFs are best as they give broad exposure and reduce the risk factor.

ETFs are a great choice for beginners. They spread out risk, are less unstable, and can save on taxes. As a new investor, should I invest in individual stocks now or wait until I have more money, experience, and a better understanding of my risk tolerance to focus on funds?