QQQ is to tech heavy aggressive for me, although last ten years was absolutely place to be.
I wonder with the state of the world and increasing reliance on a wide variety of platforms ... will tech ever see a day of reckoning? Will it ever crash again like it did in March of 2000? Can you see a world where tech is getting its ass handed to it and everybody else is doing ok?
QQQ is to tech heavy aggressive for me, although last ten years was absolutely place to be.
I wonder with the state of the world and increasing reliance on a wide variety of platforms ... will tech ever see a day of reckoning? Will it ever crash again like it did in March of 2000? Can you see a world where tech is getting its ass handed to it and everybody else is doing ok?
The current composite of the QQQ (excluding Tesla) is made up of wide moat companies generating massive free cash flow and with sterling balance sheets. Google for instance has $140 billion in cash against $14 billion in long term debt.
They generated $40 billion in free cash flow last year and will probably go north of $50 billion in 2021.
I hope the market takes a shit as Google's buybacks will increase future earnings and I can buy more when it goes on sale.
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They generated $40 billion in free cash flow last year and will probably go north of $50 billion in 2021.
I hope the market takes a shit as Google's buybacks will increase future earnings and I can buy more when it goes on sale.