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From Tulips to Technology, plant the seed in a human mind and it...

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Whalewatcher

4,086 Posts.

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25/02/23

11:24

Post #: 66460872
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Originally posted by ClarkKent: ↑

"technology"

correct

In the past 30 years or so we have held our own against overseas markets (mainly thanks to China) but I think this has run its course.
But the Nasdaq has trounced both the ASX and the S&P 500 (despite the tech crash of 2000)
Global diversification is important, VGS partly achieves that, it gives you all the important stocks in US, UK, Europe, Japan - but it's not tech focused, even though it includes the important tech incumbents (FAANG etc)

I am 100% certain that the overwhelming majority of the next $100 trillion will come from:
* tech incumbents (easily accessible)
* tech startups (not known, not easily accessible - early stage only accessible to venture capital, can be bought post-IPO)

So the IMPORTANT question is: How does an Australian investor properly leverage into tech (which will most likely will play out overseas, not only in US and Silicon Valley, there are now tech hubs everywhere)

Not keen on NDQ.

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From Tulips to Technology, plant the seed in a human mind and it will grow and grow and grow.........with the occassional crop damage along the way.

Good Stuff

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