Everyone’s heard the old adage “don’t put all your eggs in one basket”. And you probably also know this is often applied to investment strategy. Unfortunately, the top 10 stocks in the US market, mostly technology companies, are now concentrated in major indices, like the S&P 500, to the highest degree in nearly five decades. While the performance of this handful of stocks has been terrific over the past 10 years, our next guest says that this concentration now presents a dilemma for investors going forward. Mike Switzer interviews Rob DeHollander, a certified financial planner in Greenville, SC.
Investors in a quandary over tech stocks
