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Tech stocks set to wipe out more than $1 trillion as concerns deepen about the AI boom
(www.nbcnews.com)
This is a most excellent place for technology news and articles.
So should I withdraw whatever i have in technology index funds, while I have the gains?
If you have a place to park it that will earn more or lose less, definitely. Putting into cash will lose at least 3% per year.
I'm thinking withdraw my gains, wait for the crash, buy in again? Damn, it's a gamble...
Timing the market usually fails. Dollar cost averaging can give you a small advantage.
Assuming that AI follows a similar path as the .com boom... A lot of companies will go under leaving a few companies who will benefit greatly. It's not that AI is going away. We're just pruning the dead wood.
thank fuck there is some rstional advice here
don’t time the market you helpless gambling addicts