I want to only add to the MAGS ETF this year because im very bullish on the largest American corporations. They are becoming more interdependent on each other and I expect them to become more dependent on each other in the future. Their valuation combined is almost equal to Chinas GDP. It's not even in our governments best interest to let anything happen to them as we would probably go to war to protect Nvidia if China invaded Taiwan. I also see these seven corporations in the best position to profit the most from AI as its use case transitions into software in the next 5 years.
With the majority of my portfolio already in SPY and QQQ, I would be very saturated in MAG7. Im young and willing to take on higher risk, but because im so bullish on these companies I feel like im overlooking a lot and I want some bear outlooks to ground me before I throw money into this and become even more overweight MAG7