Only a handful of stocks, the 10 largest, are responsible for 53% of the S&P 500’s 4.7% advance this year according to Fundstrat Global Advisors. You know the names. But these three stand out the most as The WSJ’s Chris Dieterich writes, “Technology-oriented companies dominate the list: Apple AAPL 0.55% Inc., the world’s largest company by market capitalization, is up more than 22% this year through Monday. Social-media company Facebook Inc. FB 1.46% has risen nearly 23% while e-commerce powerhouse Amazon.com Inc.AMZN 1.96% has climbed 20%.”
It’s a perpetual-cycle. As money flows into index funds that money is required to go into these stocks. Is that the best way to invest your money? Is it blind luck? Very few investors know when to sell. And it has been my experience that they often learn this lesson the hard way over and over again during their investing lifetime.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Is Your Retirement Life a Mess? Let’s Talk - April 18, 2024
- Your Survival Guy Learns from Marie Kondo - April 18, 2024
- Don’t Be Left High and Dry - April 18, 2024
- April RAGE Gauge: Real Gold Prices - April 18, 2024
- This Is about Your Survival, Not Anyone Else’s - April 17, 2024