Concerns about High Tech
Early 70’s and been a long time index mutual fund (more recently ETF) investor. A lot of S&P and a couple of other high tech concentrated funds. Hold virtually no bonds as my pension/SS basically cover my income needs, but have enough in money market funds for major emergencies. I want to significantly reduce my exposure to high tech and contemplating moving a fair amount into VXUS and VTV. Want to stay invested in the market, but as I said - reduce my exposure to tech as it feels very pre dot.com bubble burst to me which is when I adopted the buy and hold index fund philosophy and never wavered- but I’m older now. Final point. Doing this only in my IRA’s, so no capital tax gains at this time.
Your thoughtful input will be greatly appreciated.