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> how do I protect my portfolio? Most of my money is in index funds and FAANG I am not a financial advisor by any stretch of the imagination, but, assuming you
by not_fin_advice 5y ago
> how do I protect my portfolio? Most of my money is in index funds and FAANG
I am not a financial advisor by any stretch of the imagination, but, assuming you work in tech it might be a good idea to diversify a bit.
I find it surprising how many people I know in tech keep their RSUs when they vest. Sure it has worked great for a few years but now you're tying your savings/investment and income to exactly the same organization.
If there were ever to be a tech crash not only would your income be at risk but all of your savings and investments as well. Even in the best of times diversification has been the common advice, and now more then ever it seems like a good idea to spread out your extra income to as many different places as you can.