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ETFs are a different kettle of fish - although you are buying a single name stock, the performance of that stock is linked to a basket of underlying securities so you get the diversification you would not have by just buying the two stocks you mentioned - which is a good thing.
Good luck whatever you do; try and find a way to manage the risk that works for you
fidbod-
I'm waiting at the moment. But I'm looking at a buying a soon to arrive dip and run the Santa rally till early January 2017. Tempted by a leveraged etf of the ftse100 index, ticker luk2. Hopefully it works out very close to gambling so fingers crossed. The only pit fall is UK government pulling the trigger on article 50 before new year.
wildwest
Also looking at etfs exchange traded funds to spread risk. But it's still stocks.
So hard to get a decent return on your investment. But I have a funny feeling that traditional summer sell off is now immenant could be a good idea to buy. I'm gonna move the cash isa into a s&s isa and leave it as cash with my finger hovering over the buy button. Let's hope this works out. I'm not decided to specifics shares but you gotta be in it to win it. Time to shake of my risk aversion.
Wish me luck.