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altacc | 4 months ago

The other day I was helping somebody choose some funds to invest in. The majority of "global" or "index" funds we looked into either directly or indirectly had the largest share of holdings in Nvidia, Microsoft, Meta, Alphabet, AMD. Often these were about 50-70% of their portfolio. The returns for the past year look great but the crash is going to be devastating and widespread because so many investments link back to this bubble.

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throw-10-8|4 months ago

I completely withdrew from the US market last Nov 5th.

It's plainly obvious where all of this is going.

t0lo|4 months ago

Where did you put your funds? bonds are screwed but I'm thinking gold

skatingaway|4 months ago

There are other companies than the magnificent 7. Other boring companies with boring dividends and solid earnings that have nothing to do with tech. Ulta. Pepsi. Chevron. But you sound pretty smart so I’m sure you had a good reason to invest in non us markets.

mittermayr|4 months ago

well, this means you've missed out on everything since then, wouldn't a simple stop order have been a reasonable alternative on this?

salemh|4 months ago

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