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The stock market trends upward over time — that’s a tale as old as the market itself. If you zoom out enough on any major index, you’ll see that.
So despite how volatile or steep the market’s recent plunges seem, they’re not that bad in the grand scheme of things, as long as you have time to wait them out. In fact, these moments create great buying opportunities, especially for high-quality tech stocks that were previously too rich. So far this year, the S&P 500
SPX is down by about 5.9%, while the Roundhill Magnificent Seven ETF MAGS is down by about 15.9% — and tech investors can now take advantage.
This post was originally published on Market Watch
