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by Terr_
749 days ago
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> VGT Vanguard Technology ETF Given the techie audience here, I want to caution that investing in the same industry as your job is a kind of anti-diversification. A really severe example would be all the people who worked at Enron and invested everything in Enron stock. Even if your employer/investments aren't quite so fraudulent, You don't want to be in a situation where you are long-term unemployed and are forced "sell low" in order to meet immediate needs. If only one or the other is hit, you can ride things out more effectively. |
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