Sat, 31 October 2020
It’s time to talk about S&P 500 envy. Tech companies have become the largest companies in America and the S&P 500 is dominated by tech because we’re talking about a market-weighted average. Tech has benefitted the most from us being in lockdown for COVID-19. There are algorithms out there created by Facebook to keep us engaged. So that means there are algorithms that are basically driving up the S&P 500 because we’re all stuck at home during COVID-19. With the S&P looking so good, why should you diversify with international stocks for the long game? What about investing in healthcare and industrial companies? Plus, what’s going on with Biden’s tax plan? We’ll talk about that and more on today’s episode of New Focus on Wealth with Chad Burton. Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT) Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com |
