Tech Geeks and Dotcom Investing: Marriage or Divorce?

A recent survey conducted for US Trust of the richest technology professionals confirmed that wealthy Americans working in technology maintain their opinion that dotcom stocks are still a viable investment.

The survey was conducted in the Spring when most of the technology stocks fell dramatically. Among those surveyed, participants reported that their own portfolios consisted of 40 percent in technology stocks.

While almost 30 percent of portfolios consisted of the participants' own company stocks, reports indicate that more caution plays in owning your own stocks: 42 per cent said that too much of their net worth was invested internally.

As a side note, the typical affluent technology professional identified in the survey were mostly between the ages of 41 and 65, and have worked in the industry 27 years. They report that it took an average of 22 years to attain their current net worth.

Tags 

Voice of the Editor

Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.
ADVERTISEMENT

This Week on AccountingWEB

Russ Wilson of Moss Adams talks with us about the firm's collaboration with WWU in educating and developing talented accounting and business professionals.
Plante Moran CPAs Gordon Krater, Alicia Sturtevant, and Susan Perline spoke with AccountingWEB about the firm's Women in Leadership initiative.
Jeff Thomson, CMA, president and CEO of the IMA, talks with us about the 2013 jobs market for accounting professionals.
Todd Lisle of BKD LLP and Amy Welch of OSCPA share their stories of helping tornado victims in Moore, Oklahoma.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT