The Nasdaq posting a record-high underscores why investors need to embrace tech into their portfolios, I believe.

U.S. stock futures were steady Monday after the tech-heavy Nasdaq Composite hit an all-time high Friday, breaking its 2021 record.

The index’s ascent to an all-time high underscores the resilience and innovation embedded in tech companies.

Investors who recognize and leverage this momentum will be well-positioned to ride the wave of the tech boom, potentially reaping substantial rewards in the process.

At the heart of the tech rally is the fervent enthusiasm over artificial intelligence (AI).

The transformative impact of AI on various industries is reshaping the business landscape and propelling tech companies to new heights. From machine learning and automation to data analytics, AI is unlocking unprecedented possibilities, creating efficiencies, and driving revenue growth. Investors who are serious about building long-term wealth can’t afford to overlook the seismic shift that AI is bringing to the forefront of the tech sector.

Tech stocks have consistently demonstrated their ability to outperform the broader market, contributing significantly to overall portfolio growth.

The recent achievement of the Nasdaq Composite, coupled with the S&P 500’s robust performance, highlights the sustained upward trajectory of the tech sector.

As traditional sectors face challenges and uncertainties, tech stands out due to its invaluable diversification benefits. Embracing tech in portfolios provides investors with exposure to sectors that are driving the future of global economies.

From e-commerce and cloud computing, to renewable energy and biotechnology, tech offers a diverse range of investment opportunities.

The sector’s commitment to innovation is a powerful catalyst for wealth creation. Companies within this realm are at the forefront of groundbreaking advancements, constantly pushing boundaries and disrupting traditional business models.

Investors who embrace tech position themselves to capitalise on the potential for outsized returns fuelled by innovation.

Whether it’s investing in established tech giants or identifying promising startups, the commitment to innovation remains a key driver of long-term wealth accumulation.

This global reach of tech not only diversifies investment portfolios, but also aligns them with the broader trends shaping the future of the digital age.

Last week’s record-breaking performance of the Nasdaq serves as a compelling invitation for investors to fully embrace tech in their portfolios.

It signals not just a trend but a transformative era that savvy investors should actively participate in for their journey toward long-term wealth creation.

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London-born Nigel Green is founder and CEO of deVere Group. Following in his father’s footstep, he entered the financial services industry as a young adult. After working in the sector for 15 years in London, he subsequently spent several years operating within the international space, before launching deVere in 2002 with a single office in Hong Kong. Today, deVere is one of the world’s largest independent financial advisory organizations, doing business in 100 countries and with more than $12bn under advisement. It specializes global financial solutions to international, local mass affluent, and high-net-worth clients. In early 2017, it was announced that deVere would launch its own private bank. In addition, deVere also confirmed it has received its own investment banking license.