I initially gave you a "like" for your comment, but had to remove it after @Scataphagos posted his chart. There is nothing like backing up a claim with evidence. Your reasoning made a lot of sense of course, but the chart doesn't lie.
Where would you invest $1mm today? (pick 2)
- Thread starter unconventional wisdom
- Start date
Do the same comparison for QQQ vs XLK and you will see the XLK outperforms QQQ.
Now why would anybody want to do that? It's too volatile. If you invested last December you'd be down 20% (total return including yield)
That's the comparison made. Same.
That's not what I see when I compare on Yahoo Finance: https://t.ly/_Cn4
Perhaps you can restrict your Stockcharts comparison to just the past 5 years since S&P reconstituted all the XL? indexes.
If you said "XLK outperformed QQQ since Covid low", I'd agree. Still, QQQ isn't a bad proxy for tech... especially if trading in size.
I would stack it under your asshole
%%
RE[included land, home ],
cash,
ETFs like SPY..... +some dividend paying ETFs,
some metals including ,but not limited to lead , copper, brass. Multi year + longer outlook.
Safest + best long term.
[IF safety is your #1 concern CDs maybe ok, except long term inflation+ opportunity cost, may cause 40 years of that only, a big regret??]
Good question