Why do people buy auto, apparel or individual non tech stocks


Most auto stocks have not grown in a long time and some even have lost money, so do apparel and most other industries. I understand tech sometimes does better and even outperforms s&p 500.

Ex. General Motors has never grown, it is 20% up since its inception. I feel like people are losing money by buying them.

Most of my investments in big tech 15%, VOO 50%, VTI 20% and a little bit of VIG. I am trying to learn, why people invest in them, if am missing out by not investing in them.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *