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Investing in Tech

woohooinvesting said: "Tech, in any form, is my jewel. My grandpa owns a LAMBORGHINI because he bought 300 shares of the Berkshire Hathaway when it went public. when Google came out, he bought 1000 shares. DAMMIT WE"RE RICH! Same with VmW! :offtopic: :offtopic: :offtopic: :offtopic:"

pranith said: "well investing on the tech is always an good thing. You will never get down or loss in the tech shares. I think we can depend on the tech shares."

whiteblue1942 said: "tech is growing faster than any other market IMO and will grow constantly int he future, the key isn't the industry tho, its finding god businesses to invest in, ones that will dominate others! put your money there and you'll be one lucky fellow!"

Aligator said: "[QUOTE=woohooinvesting;55746]......My grandpa owns a LAMBORGHINI because he bought 300 shares of the Berkshire Hathaway when it went public........[/QUOTE] Your grandpa must be very old. Berkshire Hathaway went public in 1839 as a textile company. Buffett began buying up their stock (already publicly traded) in the early 60's, and perhaps that's what you meant. But it still wasn't really profitable for some years after that as Buffett had to first do battle with the original founders. But there's not very much technical about BH. Their primary business is insurance."

ANUJ 10 said: "yes no doubt that technology stocks valuations are very cheap, but the near future is full of clouds as there are fears of u.s slowdown and noboday can predict the magnitude of damage."

markettorrent.com said: "The tech sector is definitely a very exciting sector. For every story of fortune, you'll find your share of stories of shirts being lost. A safer avenue, for myself anyway, is to be more intimate with the operations of a business that I'm investing in. The internal knowledge gives one better control over one's decisions."

zuponi said: "I'm still dumb as a stump about the stock market, so I'll ask what's probably a pretty stupid question. I added a company called TICC to my watchlist because they have crazy dividends and I was curious to see what would go on. I'm no better off by 'watching' than I was before since I don't grasp how to read charts ect. but it's still intriguing. Anyway, my question is, would investing in a Technology investment company make sense? Not this company in particular, per se, but any of them? Are they considered a financial sector or a tech sector? Thanks."