General Discussion

I don't have much. What I have is divided among cash, XMAG, a consumer goods ETF, and an emerging markets ETF.

XMAG is basically the S&P excluding the overvalued magnificent 7 (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, Tesla). Wish it also excluded other AI related like Palantir Oracle, etc... Oh well.

Also highly recommend the article below. A grim picture: The entire U.S. economy is an all-in bet on AI. Incredibly fragile for that reason alone, but the fragility is compounded by the circular, incestuous deals artificially inflating values, and increasing concentration of wealth (e.g., economy currently being kept afloat by spending of the wealthiest, who can -- and will -- seriously cut back when things go south, unlike the rest of us).

https://www.profgalloway.com/how-does-the-end-begin/