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Episode #7: The Dangers of Stock Concentration
September saw an unexpected drop for tech stocks, leading to a market correction. The Nasdaq 100, the index which best represents the technology sector, dropped by 10 percent in just three trading days. Interestingly, there was no specific reason for this market correction. However, this highlights the potential dangers of stock concentration.
Always check back next week for more Flourish Insights with Jay Pluimer and don't forget to check out our insights blog at https://www.flourishinsights.com
Please listen to this podcast on Alexa and leave us a review. You can find and enable the skill here., or simply say "Alexa, open Flourish Insights."
By Jay Pluimer, AIF® CIMA®5
66 ratings
Episode #7: The Dangers of Stock Concentration
September saw an unexpected drop for tech stocks, leading to a market correction. The Nasdaq 100, the index which best represents the technology sector, dropped by 10 percent in just three trading days. Interestingly, there was no specific reason for this market correction. However, this highlights the potential dangers of stock concentration.
Always check back next week for more Flourish Insights with Jay Pluimer and don't forget to check out our insights blog at https://www.flourishinsights.com
Please listen to this podcast on Alexa and leave us a review. You can find and enable the skill here., or simply say "Alexa, open Flourish Insights."