I’m curious do you guys consider big tech stocks to be risky investments long term? Right now I’m holding big tech like Google and Apple in my tax free savings account but I was advised not to hold ”risky”investments in a tax free account and they should be mostly for etfs. Well I do agree with that I do want the tax free incentive.
I don’t really consider big tech companies like Google and Microsoft to be “risky” investments long term. Some companies are straight up juggernauts and will easily be around in 5 years. Like does anyone really think Google or Microsoft won’t be around in 10 years? With the amount of money that these companies have and make, they will always be able to compete and innovate. Tech will always be around and it’s going to get more and more popular and certain companies will always be able to do something with it.
I understand everyone’s risk tolerance is different but I just can’t comprehend these big tech companies not being around long term. For me I can confidently hold these companies long term no matter how the market is and consider them relatively safe.
Thoughts?
