Tim Philips, CGS-CIMB Securities

Tim Philips, CGS-CIMB Securities

18112022 YM - Tim Philips

18 November 2022
Money and Me: US Tech stocks slump - Should you be jumping in? And all you need to know about asset allocation
US Tech stocks have undoubtedly suffered the wrath of the rising interest rates this year. From a total of 7 companies that were classified under the ‘Trillion Dollar Market Cap Club’’ back in 2021, only 3 companies remain amid the sell off of big tech stocks in the US.
Today on Money and Me, Zia-ul Raushan and Dan Koh dive deep into conversation with Tim Phillips, Head of Content & Investment Lead for ProsperUs, CGS-CIMB Securities,who shares his take on the current valuations of tech stocks and if there are any bright spots worth looking at. They also venture into the cornerstone of investing - Asset Allocation - and how you should be positioning your portfolio to tide through this volatile market.

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