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3 Reasons Why I am Not Worried About the Recent Tech Stock Bloodbath (and What I Plan to Do!)
By Dr Wealth  •  March 8, 2021
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....
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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