It has been another month of a roller coaster ride for US tech stocks and the shares in my growth portfolio have also taken a plunge. The selloff was attributed to the fear of rising interest rates as inflation picks up steam. While a high inflation environment may hurt stocks in the short run, history have also shown that stocks beat inflation over the long run. Every time, after each crisis, the rich get richer, and the poor get poorer. So, despite the uncertain economic outlook, I will continue to stay invested. Just look at the net worth of billionaires before and during the Covid 19 season.

Source: https://www.statista.com/chart/22068/change-in-wealth-of-billionaires-during-pandemic/

(1) Growth Portfolio Other than the two new additions for my US portfolio, UiPath and Alphabet Class A, I have been averaging down most of my US stocks. Practically most of my tech stocks had blowout quarters,...