Hey all!
Before I say anything, I want to make it **very clear** that I invest heavily in VOO, QQQM, BRKB and have exposure to treasuries and SCHD!
However, recently I have been looking into buying some dips from the MAG 7. I have a sizable NVDA portfolio but not much aside from the other 6.
And I started comparing performance. APPL, MSFT, GOOG all **outperform** QQQM and VOO in the past 5+ years.
I am aware of the following:
* Past performance does not equal future performance
* ETFs reduce risk
But, I feel like these arguments don't hold much substance once you consider that this "risk" is irrelevant given the upside in gains you gain from these top companies.
I just want to push back and want someone to clarify why this is not good reasoning?!
I genuinely feel like the "past performance does not equal future performance" argument is a stronger thesis because these companies could theoritically fall off the earth and that would upend the market and portfolios
But even then, this relies a lot on hypotheticals and "Whataboutism" and "what ifs."