Retirement Quick Tips with Ashley

Are FAANG Stocks A Good Investment? - Ep. 526


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Welcome to a new week and a new theme here on the One Minute Retirement Tip! 

Have you heard of the FAANG stocks? FAANG (F-A-A-N-G) is an acronym referring to the stocks of the five most popular powerhouse American tech companies - Facebook, Amazon, Apple, Netflix and Google.

Their strong returns as a group, and their name recognition among virtually everyone make them a popular group of stocks to invest in. So this week, I’m going to look at whether or not these stocks - both collectively and individually - are a good investment. 

You’d be quite happy with your returns over the last several years if you invested in the FAANG stocks. The results of these 5 stocks and tech companies in general continue to produce impressive results. Plus, when’s the last time you went a week or even a day without using Facebook, Amazon, Apple, Netflix, and Google. In the case of Facebook, Apple, and Google, chances are you don’t go more than a few hours (or maybe even more than a few minutes) without accessing Facebook, your Apple device, or searching for something on Google. 

Investing in these stocks might seem like a no brainer, but just because you use something all the time, doesn’t mean it’s a good investment now. So this week, I’ll talk about the amazing returns of these stocks, and probably make you want to cry if you’ve sat on the sidelines. But don’t reach for the kleenex box yet, because I’ll also talk about how you probably already own these stocks even if you don’t realize it, and whether or not investing now is a good decision. 

That’s it for today. Before you go, though, I have a couple more things for you: 

  1. First of all, an important disclosure: True North Retirement Advisors, LLC or its investment advisor representatives may own positions in certain companies discussed in this week’s podcast.  Nothing in this podcast should be construed as a recommendation to purchase or sell any securities.
  2. if you haven’t already left a review in Amazon or iTunes for the One Minute Retirement Tip, can I ask a favor of you to go do that right now? It just takes a few seconds and it helps to spread the word, and raises visibility of this podcast to help others find it. And thank you to all of you who have taken the time to write a review. 

My name is Ashley Micciche and this is the One Minute Retirement Tip.

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Tags: retirement, investing, money, finance, finances, financial planning, retirement planning, saving money, personal finance, wealth management, money tips, fee only financial advisor, financial planner, financial podcast, retirement podcast, financial independence podcast

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Retirement Quick Tips with AshleyBy Ashley Micciche

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