Editor's note: Employees who are actively watching their stocks in their retirement plan might panic at the recent volatility of tech stocks, but there's nothing wrong with having tech stocks in a 401(k), depending on the employee's situation.
(Bloomberg) — How tech-savvy are you? Recent volatility in popular technology stocks, including Apple Inc., Microsoft Corp., Facebook Inc., Google parent Alphabet Inc., and others, is a reminder to check the tech weighting in your retirement portfolio.
There's nothing wrong with having a big slug of tech stocks in your 401(k) or IRA retirement fund. These shares have swelled the assets of many an aspiring retiree in recent years. The "right" amount depends on your other holdings, your appetite for risk, and how close you are to retirement.
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