What an excruciating couple of weeks it has been for tech investors like myself. Ever since tech stocks generally hitting a peak in February (as shown here in the tech heavy NASDAQ index chart), things have basically gone all the way downhill.
As of this writing, the index have shed 9.22% from YTD highs.
As you can imagine, my portfolio (that has a significantly higher beta vs the index) definitely took quite a beating of late. I can assure you, it is absolutely no fun watching helplessly as my portfolio shrinks and it can be pretty taxing emotionally!
However, digesting the turmoil and taking a hard look at my portfolio without the initial emotions, I actually walked away pretty happy and excited!
Over the next few sections, I will share some reasons why and also what I would be planning to do from here going forward....