One could hardly be blamed for looking at the market these days and feeling a little bit uneasy about how to invest. Supply chains are strained, concerns about inflation are widespread, and people are quitting their jobs in record numbers.
But the thing is, tech is still the best place to make money investing. The NASDAQ, with its focus on technology and life sciences, has been seriously outperforming the S&P 500.
The tricky part is that the biggest names in the sector, the FAANG companies, are not the ones leading the way this time, and smaller-cap companies can make for choppy trading, since they don’t have the strength or presence in the market to pass on inflation-driven costs.
All of these factors combined can lead to no small amount of uncertainty, but that doesn’t mean it isn’t possible to approach the market carefully, control for risks, and maximize your chances.