Can you believe that Google search is 25 years young?
Click on this video link to see what the most “clicked on” searches over the last 25 years. Movies, Sport, News and Fashion.
How did we do in 2023
Big tech is finishing out the year strong.
The Magnificent Seven i.e. Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta, have collectively watched their stocks soar by 75% this year, according to the Wall Street Journal. The remaining 493 companies in the S&P 500 increased 12%.
This S&P 7comprises 30% of the S&P 500’s market value. Wow!!!
Still, even these behemoths are under pressure to cut costs and tap into new markets to maintain their growth momentum.
The performance of the ETF’s in our tailored portfolios
As you can see from the relative performance of the ETF’s in our model portfolios, being invested overseas and heavily in the US and, in particular the technology space, has helped our investors achieve a very attractive investment return. The Australian Market represented by the VAS (Vanguard Australian share index) and the QRE (Betashares Australian resources) have been added recently to give exposure to the Australian sharemarket.
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