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Old 05-10-2021, 02:06 PM
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Dean2 Dean2 is offline
 
Join Date: Dec 2008
Location: Near Edmonton
Posts: 15,049
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Quote:
Originally Posted by mickeyjim View Post
Think there is an opportunity to pick up tech now? Thinking about buying an ETF like TEC or ZINT

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Like I always say, what I post is not advice, just what I am doing myself. Everyone has to do their own research and match stuff to their situation and risk tolerances. That said, personally I have sold off the vast majority of my Tech exposure and rotated that money into other sectors. I am not looking to buy back into Tech any time soon given the current trend in that area. I have never held any tech stocks as part of my long term buy and hold portfolio, tech has always been short term for me. Tech doesn't pay dividends, is very volatile and regularly subjected to market disrupting inventions and new technologies. None of these things make for a great long term safe hold with good growth since dividend growth and reinvestment is such a huge part of the success of long term buy and hold stocks.

Last edited by Dean2; 05-10-2021 at 02:16 PM.
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