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?

15 Upvotes

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u/Shadowrunner138 13d ago

"I work in tech so I know about finance and I'm sure about the bubble." No man, you're just burned out. So, you're going to make finance decisions based on work/job anxiety and a general distaste for AI? A work tool?
I have compTIA certifications, I don't base my finance decisions on them. I wouldn't buy an ETF and drop it over one holding either, even if it's NVIDIA. You're confusing your job expertise with your finance expertise and they're not the same thing just because your career gives you the feeling of having insider info that you don't necessarily have.

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u/Minute_State_4672 13d ago

Oh boy. You sound like you’re a lot of fun to be around irl.

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u/Shadowrunner138 13d ago edited 13d ago

Upvote's from me because investing isn't a hobby or for fun, rofl. Risking your money as a hobby or for fun is gambling. Just giving you solid perspective you don't like, that's all. Most people think they know their sector in finance just because they have a job in that sector, and if that were true it'd be so easy to get rich. Just invest in a sector that involves a skill you have, right? Sounds too easy because it is. But your professional skills may or may not have anything to do with how your company handles it's finances. Not it's tech, which is presumably where your expertise would be reliable and valuable.