Tech is taking over our lives, and our 401(k) accounts

As know-how takes over extra of individuals’s every day lives, it is also taking over ever-bigger chunks of their retirement accounts.
Surging costs for know-how shares world wide imply the business is making up a bigger proportion of world markets. In the United States, Apple, Google’s mum or dad firm and different tech corporations account for almost 24 % of the Standard & Poor’s 500 index. A decade in the past, they made up lower than 17 % of S&P 500 index funds. The makeover is much more dramatic abroad, the place ascendant corporations like China’s Tencent and Alibaba have rapidly stormed into the ranks of the world’s largest.
As a end result, investing in lots of inventory funds has more and more grow to be a guess on know-how corporations.

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