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Season 1, Episode 7 The World is Coming to an End - AGAIN!!
Manage episode 473782458 series 3644902
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According to a small gaggle of self-appointed fortune tellers in the financial media, the market is on the verge of a horrific collapse, hurling all non-believers into a fiery pit. The cause of this rapidly approaching market apocalypse is the S&P 500’s concentration in the magnificent Seven; Apple, Amazon, Google, Facebook, Microsoft, Nvidia, and Tesla. Last year, more than half of the S&P 500’s 26 percent gain came from these seven companies. In this exciting episode of my podcast, I will provide a way for 401(k) participants to benefit from Mr. Market’s recent hissy fit.
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