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Tech Sell-Off: Where to Invest $5,000 for the Next 5 Years

·6 min read
Tech Sell-Off: Where to Invest $5,000 for the Next 5 Years
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Technology stocks have lost their bearings in the first month of 2022, as evident from the 18% decline in the NASDAQ-100 Technology Sector index. Higher interest rates are bad news for technology stocks because investors are tempted to put their money into safer assets such as bonds or value stocks instead of richly valued companies. Let's see why putting $5,000 into these potential growth stocks could be a good idea amid the market correction.