You may have noticed that I often refer to investing in the stock of companies as “partnering” with the company instead of “buying the stock.” It might seem like a small difference but, to me, it’s conceptually a very big difference. Investing is much longer in nature. When I purchase shares of stock in a…
Swapping Some Growth Stock Investments
I’m becoming concerned about tech stocks in general as we move to the later stages of this economic cycle. We’ve seen a deterioration in market breadth with money continuing to chase fewer and fewer stocks (namely tech). Tech stocks were some of the biggest winners in 2017 and the recent bounce after the late January…