re: Portfolio advice

Of course there isn't thats why one has to do their own research on individual names. On the other hand if you want a hands off approach, a tech ETF isn't going to go to $0 if thats the fear of investing in individual names. Whatever I'll keep to myself you guys keep indexing and let me know how buying a broad basket of decaying and slowing industries works out. The Dow Jones was 1500 in 1986, its 21,000 today. The majority of the companies in Dow are having negative or nominal growth today, the share prices are up on buybacks and not organic growth. The concept that indexing today is going to get you the massive returns people indexing 30 years ago got is silly bc only certain sectors will be having that type of growth moving forward

I could be wrong but from the data we're seeing in recent years retail,oil,housing is not going to be the sectors we see the massive growth in and indexing puts that in your portfolio. One could say the tech companies are 100x safer than the rest of the sectors put together, have you seen some of these tech balance sheets? The QQQ is anchored by Apple,MSFT,Google which combined have almost $400B in cash, im willing to bet thats more than the top 10 holdings of the XLE etf put together