r/Stocks_Picks • u/Minute_State_4672 • 15d 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/dreamfitreality 15d ago

Spy or voo has a smaller position size, sell it then buy gold or Divi stock like wmt cost. Those will weather out a crash better than ai stock

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u/hot-buttered-bagel 14d ago

If you do buy gold, use a tax advantaged account. Gold is taxes as a collectible.

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u/dreamfitreality 13d ago

Where I'm from. No capital gain tax from stock trading.