Sylvia Kwan has nearly 35 years in the investing industry, as well as a PhD in engineering economic systems from Stanford, and she helped build Ellevest from the ground up as our Chief Investment Officer. So you could say she knows a thing or two about investing. We decided to bottle up some of that golden knowledge for you in our new video series, “Hey Sylvia, Quick Question.”
Today’s quick question: Should I invest in tech stocks?
Yes, you should invest in tech stocks. And auto stocks, and healthcare stocks, and utility stocks, and retail stocks. You get the picture.
Trying to pick a winning stock or a winning sector hasn’t proven to be a winning strategy. Instead, investing in a diversified investment portfolio — one that contains many different stocks of different industries, of different geographies, as well as bonds and alternatives — has historically proven to be an effective investment strategy and an effective way to protect your portfolio against the unknown.
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Diversification does not ensure a profit or protect against a loss in a declining market. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives, provide you with a given level of income or reduce portfolio risk.
The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities, and should not be considered specific legal, investment, or tax advice.
The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.
Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.