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New to area. Looking to make friends. 34yo male
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Thoughts on GXTG? (Global X Thematic Growth)
WSJ or Bloomberg?
How are you investing your money right now?
New to area. Looking to make friends. 34yo male
Thoughts on GXTG? (Global X Thematic Growth)
WSJ or Bloomberg?
How are you investing your money right now?
Rising Star
I’m gonna guess this cherry picks the start of the dotcom crash
I buy VOO, QQQ, and VGT each paycheck. 🤷♂️
Thanks for the reply PwC1! That makes sense.
Amateurs focus on returns, pros focus on risks
Rising Star
Pros also focus on returns? Lol
Conversation Starter
Ark
Or tesla, amazon, google, Netflix
Pro
I mean if you’re drop $10k at once in March, it’s safe to assume you have more cash to put in. So what are your numbers looking like if you dropped another $10k March 2001, and March 2002...
You can cherry pick numbers all day. Dumb graphic.
Rising Star
Yes. It’s peak to peak.
Decade long bear markets are real. The S&P took 7+ years to recover the 2000 peak. From the late 1960s to 1980 the S&P was down 3% in real terms.
If you have profits over the last 6 months maybe trim a little? Or a lot.
Big diff is that current tech companies are quite mature. In 2000, most high inflations were for infant companies
Rising Star
Vp1, you're not really disputing what was said. All A2 said was there is a big difference between the Amazon and Apple of today compared to the pets.com of the early 2000s. That's factually true.
That doesn't mean tech can't crash again; it certainly can. But if one is making an argument that tech can crash again, you need to point to a different rationale than just simply comparing today's tech companies to the tech companies of the early 2000s. They are not comparable.
How is that possible? QQQ is 50% tech