On February 29, 2018, I wrote about mutual funds juicing returns, by investing in FANG stocks. I indicated that investors should adequately diversify their portfolio.
This week, we saw Facebook’s stock drop from approximately $217 a share, to $175 per share. The stock price dived.
Twitter is another stock which had a terrible week, with a stock price dropping from approximately $43 per share to $34 per share.
We are on for a ride, and the ride is likely to be down Netflix has a p/e ratio of 161. To justify this price/earning ratio, earnings need to continue to go up as expected. Any error and we will see Netflix do a Facebook dive.
The other risk is from a economic recession. With a trade war looming, the risk of recession has increased dramatically.
If you have a claim against an investment advisor who failed to properly diversify your investments, please feel free to contact
Attorney Robert M. Singer
2572 Whitney Avenue
Hamden, CT 06518
203-248-8278
rsingerct@yahoo.com
serving Hamden and all of Connecticut