roughly 40% of the S&P 500 is now concentrated in just 10 mega-cap tech stocks, almost all of which are heavily tied to the exact same AI expansion.
If your financial advisor and investment team is focusing on just ten stocks, dump the team. A seasoned team with serious experience on Wallstreet would have a portfolio of 200 pretty steady stocks that they continually sale/buy at the highs/dips. This will make you a 27% return in current markets and they can also balance the loss/gain for almost zero taxes. Yes, its true. But these folks don’t work at Edward Jones lol...