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Why I generally don’t buy technology stocks
By Singapore Stock Picker  •  November 30, 2020
The last decade has seen hot technology companies give extraordinary returns to their shareholders. If you had just blindly invested in them in the 2010s, you would have made a killing. Here’s how the data looks like.
Facebook Inc 31st Dec 2015: US$104.66 31st Dec 2019: US$205.25 Annual returns: 18.3% Google Class A 31st Dec 2015: US$778.01 31st Dec 2019: US$1337.02 Annual returns: 14.5%
Apple Inc 31st Dec 2015: US$24.18 31st Dec 2019: US$72.19 Annual returns: 31.4% Amazon 31st Dec 2015: US$675.89 31st Dec 2019: US$1847.84 Annual returns: 28.5%
These 4 companies have become so big that they now make up a good 16% of the S&P500 index. That’s right, these 4 companies make up 16% of an index that contains 500 companies! What’s more, the impressive thing is these juggernauts are not showing any signs of slowing down. The bull run is not just limited to the 4 companies above. Microsoft, AMD, Nvidia all gave massive returns to their owners in the past decade. Despite their past success and high likelihood of...
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By Singapore Stock Picker
I am a full time electronics engineer at a government linked company in Singapore. I enjoy most of my work and it pays reasonably well. However, I dislike waking up early and following a 9am-5pm lifestyle. That’s why I started picking up investing. I want to end up retiring from full time work by 40 and having the option to not being a slave to any company ...
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