Anonymous wrote:I've been loading up on out of favor sectors like med techs (abt, bsx, mdt) and saas (crm, adbe, now, intu). I already have large holdings in msft, goog, amzn and nvda the last few years. 50% of my portfolio are in ETFs (schd, rsp and voo)

Anonymous wrote:

Anonymous wrote:I've been investing in biotech and pharma. No matter the economy, people get sick, and the need for drugs that cure diseases or treat symptoms will never cease.

I wouldn't count on healthcare prices to keep going up without people just opting out and pressuring politicians to control pricing. Health insurance and drug prices increasingly become politically charged. All will depend on who is in power, and things change quickly.

Anonymous wrote:

Anonymous wrote:I've been investing in biotech and pharma. No matter the economy, people get sick, and the need for drugs that cure diseases or treat symptoms will never cease.

I wouldn't count on healthcare prices to keep going up without people just opting out and pressuring politicians to control pricing. Health insurance and drug prices increasingly become politically charged. All will depend on who is in power, and things change quickly.

Anonymous wrote:I've owned ASML (which is in the EUV ETF) for over 15 years (from a merger) and up over 3300% and in my opinion is the ultimate tech stock. Their EUV photolithography machines are what makes manufacturing of advanced chips and AI possible. It's been an incredible investment. I've been thinking of taking some (if not all) profits. Hate paying LTCG taxes but fortunately huge chunk is in a Roth.

BUT....I definitely think we're in an AI and AI support chain bubble but have no idea when it will pop. This rally could continue for quite a while. So many similarities to 1999 right now. Lots of "irrational exuberance". Look at nuclear and nuclear support stocks...have gone up considerably due to the power demand of AI but new nuke power plants are years down the road with any revenue even further along. Some only have designs and their stocks have gone parabolic. Crazy valuation IPOs were crazy in 1999 (over 400). And now Anthropic and SpaceX are going public at crazy valuations.

With the near risk-free 30-yr and 10-yr Treasury yields recently going over 5% and 4.5% respectively, the end of the bubble may be closer than we think. But who knows.

Anonymous wrote:I've been investing in biotech and pharma. No matter the economy, people get sick, and the need for drugs that cure diseases or treat symptoms will never cease.

Anonymous wrote:I really don't know if we are in a bubble or not. But I just watched the documentary 1975 and I was reminded how the personal computer revolutionized how we worked. We certainly had a correct in October of '87, but the Dot com peak wasn't until March of 2000 with the plunge in October of 2002. And only then because we were investing in things that didn't make any money. We were investing in the hope that different business models and start ups would work.

Which makes me wonder if not only are the circumstances different now with AI, but even if we are growing a bubble, is it possible that it is a relatively long way off in the way that the personal computer grew for nearly 3 decades before the crash caused by mostly all the speculative companies.

Absolutely just guessing. But it did make me wonder as I was watching 1975.

All that said, I haven't bought DRAM, but have been looking at it. We are heavily in VOO, plus an assortment of individual tech and AI stocks.