“Seems like there’s a lot of tech stocks in your portfolio,” Derek from Finance.sg remarked once when we were at an Evening with AK.
I don’t really discriminate stocks into tech sector or whatever sector. As long as the business makes money, and makes sense, I like it. However, that comment struck a chord with me and I really did re-look at my portfolio.
I would like to talk more about tech stocks but I would save that for another loooonnngg post. One of the major risks about tech is their heavy dependence on macro trends and constant innovation within the company. Once I realised my overexposure to this risk, I decided to scout for other stocks to diversify into. Stocks that are not so dependent on technology or heavy innovation or macro trends.
Kingsmen Creatives seem to fit the bill. To sum it up in one ......