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Popular 401(k) funds are packed with tech stocks

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).

By Suzanne Woolley | Updated on June 15, 2017
Just 5 names accounted for almost 75% of the drop in the Nasdaq — Apple, Microsoft, Alphabet, Facebook, and Amazon — and weigh heavily in top actively managed funds. (Photo: Getty)

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.

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