Jason Voorhees
Professor-Forum User of the Year 2024
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Big tech companies like Apple, Microsoft, Amazon, Google have robust revenue streams, and they tend to recover quickly from market downturns due to their size and influence they only face market volatility in short term they also sometimes trade at high price to earnings ratios, high P/E ratios can limit short-term upside potential but in the long term it doesn't matter. Diversify your portfolio and park your wealth somewhere and forget it exists, come back after a few decades and you will for sure get huge returns. It is a boring, slow but sure shot way of ending up a millionaire in your 40s and 50s. Actually this is how most people end up as millionaires working 9 to 5 jobs.
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