Is This the Beginning of the End?

Sometimes it’s hard to own bonds when stocks seem to be going straight up. It’s easy to feel left out.
The temptation is always there to pull a little bit of cash out of the bond portfolio and put some into what are termed “FAANG” stocks:

Facebook (Nasdaq: FB)
Amazon (Nasdaq: AMZN)
Apple (Nasdaq: AAPL)
Netflix (Nasdaq: NFLX)
Google’s parent company, Alphabet (Nasdaq: GOOGL).

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These are the most popular and best-performing American tech stocks of our time.
When we go to cocktail parties and some of our friends want to brag about how well their equity portfolios have performed, these are the names we hear over and over …read more

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