07-12-2020, 07:03 AM
(07-12-2020, 06:01 AM)crimsonghost747 Wrote: I also have this no big tech thing. I never really saw the point in paying very high valuations for companies that may or may not exist in a few years. Trends appear and fade very fast in this space. But right now, for the past few months, I've been losing a lot to the SP500 mainly due to not having any of the big players in my portfolio.
Valuation always matters in the end, but you can sure miss out on a 50%+ pop while you wait. DGI investors tend to focus on value and dividends. They chase CSCO, IBM and the other leaders from decades ago. I own some QQQ but not enough. I sold most of my good tech months ago because it was expensive even back then. When tech finally comes down to earth it is going to take the major indexes with it unfortunately.