Quote:
Originally Posted by Humble Leader
anyone placing bets on AI. there are a few ETFs in the AI space on a tear and NVIDIA shares hitting new highs. Biggest risk is government intervention impacting growth and usability of AI . definitely a somewhat short term risky play but long term if you believe in AI playing a bigger part in day to day lives, might be a good pickup
Canadians check out RBOT and HBGD and NVIDIA CDR (US listed)
Americans check out ROBO and NVIDIA
disclaimer : I own quadrant 1 and 4, and will likely purchase NVIDIA shares or options
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I dont like to speculate, but I bought a little bit of all the EtF's in AI to gain exposure. My buy signal was when there was all that commotion on capital hill and there is alot of chatter in my own industry that I am going to be replaced by AI by 2026. Im not comfortable buying single companies since i dont know much about the AI industry as a whole, and I want to see which companies succeed and which get weeded out. (think 1990 internet revolution). I'll wait til the dust settles, before I build large positions.
I have large positions in the following (that already have heavy exposure with AI) that i started in 12/22:
leveraged Nasdaq (TQQQ)
leveraged SPY (UPRO)_
leveraged semiconductors (SOXL)
Nividia
AMD
GOOGLE
Microsoft
amazon.
tesla
My investment strategy is still the same:
I use dividends from OIL/natural gas/morgages to buy up non paying dividend companies/sectors (mainly as a hedge), and then I hold forever. So best way to describe my investment strategy is a hybrid model of generating income through my investments and then using that income to diversify/hedge into other sectors to generate wealth (valuation). This strategy seems to work for me.
Buy cheap and stack it deep.
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2016 trail 4runner, twin locked on 34's.
Can read more of my build here (2 parts):
https://www.lasfit.com/blogs/news/ho...ad-build-part1