Burned by Tech Stocks? Consider These 2 ETFs Instead
If you saw the values of some of the tech stocks in your portfolio plummet by 40% or more over the past few months, you are not alone. If you still believe in the long-term prospects of those stocks and nothing has materially changed from a company or industry perspective, there is no need to sell or make any rash decisions -- the market will bounce back.
That said, it's a good idea to offset those short-term losses with investments that perform differently in a given market cycle. So instead of adding more tech stocks to your portfolio, consider these two exchange-traded funds (ETFs) for balance. Both are focused on high dividends and are made up mostly of value stocks, which are a good hedge against declining tech stocks.
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Source Fool.com
