Tech Bubble Burst?? Help

Allstate / Eng
a5311

Go to company page Allstate Eng

PRE
GE
 a5311
Feb 25, 2021 22 Comments

I’m new to investing and just want some guidance. I thought I should invest in tech but everyone is saying not to because the “bubble will burst”.

So what should I invest in?
What percentage of my portfolio should be tech?
What industries go up when the tech bubble bursts?

What about crypto?

Any ideas on where I should get started?

Tc 70k

#personalfinance #investments

22

comments

Want to comment? LOG IN or SIGN UP
  1. TOP
  2. RECENT
  3. OLD
 TOP 22 Comments
  • New
    saltyDaddy

    New

    saltyDaddy
    Look at the market. Lol the answer is none.
    Feb 25, 2021 1
  • The so called "bubble will be burst" articles are hovering around for 4-5 years now. People love to sensationalize everything. Yes corrections will happen, they are healthy. Strong companies are not going anywhere, neither are their stocks. You will have to form your own thesis around the companies and then invest if you think the stocks are not that overvalued. Some level of overvaluation will be inevitable in high growth companies as growth very rarely comes cheap. One of most important suggestions I want to give you is start slow and learn to develop a very thick skin. This happens with time. That will be the only way to not be your own enemy when the market falls the way it fell in past few days.
    Feb 26, 2021 0
  • Walmart
    AFamilyMan

    Go to company page Walmart

    BIO
    Been there, done that. Grey hairs.
    AFamilyMan
    Putting several vast equity stocks in one single bucket and calling whole thing is bubble works very well when skipping due diligence is an easy choice.

    Not all stocks will perform similar. Some are overvalued and correction is healthy. No one knows the pace of correction and recovery there after if both happens. When exactly you entered the particular position is also important factor. If somebody entered far late on overhyped stocks then I am sorry for them.

    Do your DD, don’t leave that task for Chamath, Cathy or blind.
    Feb 25, 2021 0
  • Lyft
    HAM&CHEESE

    Go to company page Lyft

    HAM&CHEESE
    Buy cryptos. That shit ain’t going anywhere.
    Feb 25, 2021 0
  • Cisco
    MarshallPM

    Go to company page Cisco

    MarshallPM
    DCA to hedge your risk. And ETFs if you're okay with more predictable returns over time
    Feb 25, 2021 5