As we lick our wounds from the recent bloodletting in the market, we find ourselves needing another buy. We would like add a little more tech to our portfolio.
One way to think of the tech sector is as a domestic emerging market. It is high risk, with a potentially high reward. Throw in the explosive growth expectations, and you have something that can be exciting or disastrous. We're looking at your Pets.com--we had such high hopes.
So we need to decide between foreign and domestic tech. Right now a foreign tech company is attractive because it doesn't expose us to the craziness of the American market. A few months back we looked at some Asian Tech. Basically, we need to choose between either one of the Asian tech funds (EWY, AAIT, EWT) or the Vanguard Tech ETF (there's gotta be one, right?).
Profit!
No comments:
Post a Comment