Many people ask me, “Cheng, your portfolio is mainly made up of SaaS/Technology stocks, isn’t that risky and too concentrated?”. Well, I don’t think so. In fact, all market sectors use technology and it is impossible to find a sector that does not use it. Software technology is essential to our daily lives and more so for business operations. Technology helps businesses save money and time, and greatly increase their productivity and profits. 11 Stock Market Sectors There are 11 different stock market sectors, according to the Global Industry Classification Standard (GICS). Because technology is so universal, you will find technology companies serving customers in all these sectors. Source: The Motley Fool Below are some examples of technology companies in each sector. 1) Energy (Oil & Gas) Source: BakerHughesC3.ai Baker Hughes (BKR) is an energy technology company that provides solutions to energy and industrial companies worldwide. Meanwhile, C3.ai (AI) is a leading AI software...