The Tech sector has led the bull market over the last 10 years. And more recently, against the backdrop of the pandemic, it has outperformed every other sector in the broad index. Though, from a pure valuation standpoint, with the sector trading at XX times it’s 10 yr avg. PE, it might seem expensive to hold tech stocks but if you are chasing growth and can stomach the high-valuations, Tech is where you’d want to invest your money.
Personally for me, FOMO is real. I feel we are at an unprecedented point in human history and I wouldn’t want to not be a part of it. Technology has completely transformed how we live our lives (even more so in the era of pandemic) and the pace of transformations has only picked up (over XX new technologies being launched in 2019 as opposed to XX in 2009).
I'll make the case for investing in Tech ETFs in a future blog post.
For now, here's a list of 5 Tech ETFs I'm monitoring:
Personally for me, FOMO is real. I feel we are at an unprecedented point in human history and I wouldn’t want to not be a part of it. Technology has completely transformed how we live our lives (even more so in the era of pandemic) and the pace of transformations has only picked up (over XX new technologies being launched in 2019 as opposed to XX in 2009).
I'll make the case for investing in Tech ETFs in a future blog post.
For now, here's a list of 5 Tech ETFs I'm monitoring: