Burned by Tech Stocks? Try These 3 ETFs Instead
The market has not been kind in 2022 to investors in general, but it has been particularly rough on tech stock investors. As it turns out, high inflation and rising interest rates still tilt people's interests toward immediate income rather than the potential of faster long-term growth that tech stock typically offer.
With Federal Reserve Chairman Powell's recent remarks making it clear he intends to remain aggressive when it comes to fighting inflation, chances are good that those trends will continue. In that context, it's easy to feel like you've been burned by your tech stock investments. While it's hard to deny the incredible influence that tech companies have over our lives and economy, you might want to try these three ETFs instead of keeping all your money in tech.
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Source Fool.com