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SMT No brainer

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    maxsteam said:
    Every time I read someone talking about tech stock as though it's all an indistinguishable mass, I think of IBM. Anyone who invested in IBM ten years ago, before the latest tech boom, would be, errr, well, embarrassed.
    IBM was once the largest company in the SP500. Once upon a time their main frames ruled the world. 
  • Reaper
    Reaper Posts: 7,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    maxsteam said:
    Every time I read someone talking about tech stock as though it's all an indistinguishable mass, I think of IBM. Anyone who invested in IBM ten years ago, before the latest tech boom, would be, errr, well, embarrassed.
    Not sure what you mean. I could pick any sector like Property, Asia, Smaller Companies etc and find a share within that sector that has performed better or worse than the rest. On average sectors tend to show cyclical behaviour but there are always exceptions.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    I love when they wrote this to persuade people to subscribe to their paid stock picks
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