grunder_advice

I was talking to a friend about investing and he was adamant that it only makes sense to invest in tech stocks at this point. I kept saying that this was only because tech was having a bull market for quite some time, but I was getting less reassured myself...

According to him the 7% to 10% that you get from investing in the whole market is too conservative and you would get 15%+ conservatively if you invest in a tech index or fund. And if you invest long term the risk difference is minimal.

I then tried to come up with scenarios in which tech would implode, but I honestly don't find those plausible. The US gov would certainly step way before that point, as a last measure of resort.

I'd be interested in hearing your opinions.