This week, I’m talking about opportunities and risks in today’s stock market and what you should be paying attention to as an investor right now. 

So far this week, I’ve been talking about how the worst of the Covid recession is likely behind  us, and specific opportunities that exist today in the areas of dividend stocks, international stocks, and small-cap stocks.

Today, I want to shift gears and focus on some of the risks that are out there. Namely, big tech stocks which have seen massive growth since Covid hit. The big tech names have been almost 100% responsible for the recovery in the stock market since March. 

Amazon (which is technically not a tech company but a consumer discretionary company) has seen it’s stock price double since March. And you don’t have to look much further than the FedEx or Amazon delivery driver who is delivering packages to you and your neighbors on a daily basis. 

Other tech companies have been largely insulated from the ravenous effects of Covid and have seen their stock prices run up big this year - think Apple, Microsoft, Google, and Facebook. 

Many investors, not wanting to miss out on the growth of these companies have jumped on the tech bandwagon, which creates further growth in the price of these companies. 

While I don’t think we’re in for another tech bubble like we say in the early 2000s, it’s important for you as an investor to be discerning about any company you buy and for most of you who are investing in these big tech names indirectly through mutual funds or index funds in your 401k or IRA, I think you would be shocked to see how much you really own in these big tech names and how they represent a greater portion of your portfolio than you probably realize. 

That’s it for today’s tip, but before you go I have a special treat for you that I offered yesterday and I want to offer again in case you missed yesterday’s podcast…

You may be listening this week and think - I have no idea how much in tech stocks (or small cap or international stocks) I have in my portfolio and more importantly, how that compares to the percentage that I should have. 

If you would like an expert to look under the hood of your portfolio to see how much you have invested in big tech, small cap, international stocks - to shine the spotlight on gaps or areas of risk in your portfolio -  just send me an email at [email protected]. I’ll send you instructions for sending your portfolio investments to me securely, and I’ll run a portfolio analysis for you - for free. It’s secure and confidential with no strings attached. Just email me at [email protected] to get the ball rolling on your free portfolio analysis. 

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

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