Are we now in a tech bubble?

[jimPH]

Tesla just blew past $1200, Amazon nearly $3k. Most tech stick is going through the roof and the Nasdaq is on record highs. Investors want to put there cash somewhere and the real world is suffering under the weight of a pandemic. My nio shares have doubled.

Is it a bubble? Soon to come crashing down after the pandemic? Looks like we've still got plenty to ride of that's the case!

[Drezza]

Was wondering whether I should "cash out" of my tech fund currently at +40% for the same reason, but like you say, there's nowhere else to invest it so going to ride it out. If it was a large amount I might be inclined to withdraw some of it just in case to hedge my bets.

It does all seem nonsensical how they're doing so well with the economy on the brinks of collapse...

[dingg]

I have a chunk in SL global smaller companies and its tracking the nasdaq quite well, I'm keeping a close eye on it as its at about a 2 year high at the minute, glad I didn't bottle it a couple of months ago.

Another 10% gain is my target then its in to something less risky.

Once the techs start falling the builders should gain momentum ime

[supersport]

Digital Transformation. We will all be doing it, and doing it faster.

Once we have all had our synergies aligned and connected, we will be laughing

[Simpo Two]

Drezza said:

Was wondering whether I should "cash out" of my tech fund currently at +40% for the same reason, but like you say, there's nowhere else to invest it so going to ride it out. If it was a large amount I might be inclined to withdraw some of it just in case to hedge my bets.

It does all seem nonsensical how they're doing so well with the economy on the brinks of collapse...

But then again, everybody loves tech, and is using more since CV (when the shops were shut or sold out of stock I thought 'Thank heavens for Amazon!'), and just has to keep upgrading stuff even though they don't need to. Illogical, but that's humans for you. 'Ooh shiny and white, need!'

[bmwmike]

3k for amazon and then where? im kicking myself i sold mine at $2300 having held originaly since $600's though i hold indirectly via funds. many techs have doubled in two years. Will they be double again in two years? where will they be on ten years time? 10k for an amazon share? They say follow the big money. Bezos is the richest man in the world. Maybe just put everything on amazon which in a way is diversification because amazon is a huge huge group of businesses.

https://en.m.wikipedia.org/wiki/List_of_mergers_an...

I like t212 because of the free partial share buying. im buying a little of msft/amazon each month, which evens out the share price. Bit like buying a fund.

Is tech a bubble or dare i say new normal (eeek, yuk!) reflecting a change in consumer habits - more online means more retail spend means more AWS spend etc.

Edited by bmwmike on Friday 3rd July 14:50

[Mr Whippy]

Debasement powered.

The crash is and has been in the buying power of your recently acquired remuneration tokens.

But inflashun figures suggest not.


The real trick is still finding assets that are valued sensibly against all the others you might otherwise buy.

[anonymous-user]

The difference this time round is Amazon has real revenue growth and decent operating margins, and are better placed to leverage technology growth in their existing businesses. Look at AWS, and warehouse automation.

I had a terrible record at tech investing, i didn't do too badly picking the winners but always bailed way too early, intimidated by the growth rates.

It's easier nowdays to invest in tech, as most of the biggest companies are tech companies, so just buy a US tracker..