01-25-2024, 02:13 AM
The tech hype is crazy, but I don't really like to make any more buys after everything is up so much. Many tech companies are also laying off staff, which is usually not a sign of clear skies and massive growth going forward. I'm definitely not selling any of my tech but I personally prefer to throw new money at sectors that still look cheap, and especially if that apparent cheapness is still there due to the fact that interest rates went up. Stuff like residential REITs, utilities, infrastructure etc. Just need to pick those that are well managed, have a good balance sheet and can easily do ok even if the interest rates stay up here for a year or two... just to be on the safe side.
So to put it shortly: high quality companies that are relatively cheap. Some examples: MAA, BIP/BIPC.
So to put it shortly: high quality companies that are relatively cheap. Some examples: MAA, BIP/BIPC.