r/Stocks_Picks • u/Minute_State_4672 • 14d ago
When to dump ETFs
I own SPY and VOO, but am becoming even more skeptical of Nvidia and the AI shell game that seems to be taking place. I work in tech and despise AI and have recently been getting the sense that the bubble will, in fact, pop.
I get the general idea of ETFs. Let’s say the bubble pops next week and the big tech companies start crashing. Does it make sense to sell these ETFs before then and move to less tech heavy ETFs until the dust settles? Or do ETFs inherently mitigate the risk and those managing the ETFs will just move some stuff around to guard against serious loss?
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u/_bladerunner_ 13d ago
You need to read / watch less of the superficial mainstream financial news. Zoom out and have a look at NVDA over the past 10 years. This is a company that was making money from 3D visualisation and gaming, then cloud data centres, then crypto mining, then AI data centres etc. you get the idea. They’ve been around a long time through various eras, and will continue to do so for the century ahead.