SPY as a Solid Base for Dollar-Cost Averaging Despite Tech Concentration

3 months ago

"When I look at the overall market I think SPY is in a really strong place. Yes, the market is slightly pulling back with the NASDAQ and S&P 500 down a bit, but this is a really good time to dollar cost average since you can't predict the future. I think SPY will do just fine looking ahead to 2026. The only thing is that despite having 500 stocks, about 40% are in a tech-heavy concentration, so it's wise to hold other stocks in your portfolio as well."

The speaker offers a positive long-term view on SPY, noting that despite short-term market pullbacks and a tech-heavy bias within its holdings, SPY remains a solid choice for dollar-cost averaging over the coming years.

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