🚀 The Magnificent Seven – Apple (AAPL), Alphabet (GOOGL, GOOG), Microsoft (MSFT), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA) – have delivered a whopping 80% gain this year. These stocks have played a pivotal role in driving the rise of the S&P 500, overshadowing the relatively stagnant performance of the remaining 493 stocks.🌟

The S&P 500 is now heavily influenced by these major corporations, which collectively make up 28.9% of its composition.💥

To navigate tech growth wisely and mitigate concentration risks, consider moving from funds focused on the S&P 500, which is market-capitalization weighted, to equal weighted versions of Nasdaq-100 (QQQE) or S&P 500 (RSP) for more diversified exposure.🎯

Remember, size matters in a high-interest-rate context, and smaller companies may face challenges in refinancing debt. 💼

So, embrace the tech revolution, but diversify wisely to protect against concentration risk. Find the right balance! ⚖️

The S&P 7 is up 80% so far in 2023. The S&P 493 is nearly flat.

Risk Disclosure: Investing involves risk, including the potential loss of principal. Past performance does not guarantee future results.