Vanguard Total Stock Market Index Fund may not be ideal in AI era.

From Nasdaq: 2024-06-19 06:00:00

Artificial intelligence (AI) is rapidly evolving to disrupt the global economy and transform industries, creating winners and losers. Companies must adapt to survive. Broad index funds like VTI may not be best in this AI age, with tech-heavy holdings. AI will impact all sectors, favoring those leveraging it for efficiency and new products. Legacy industries risk obsolescence in AI era, necessitating a shift in investment strategy. Tech-oriented ETFs like QQQ and VGT offer exposure to AI-focused companies positioned for growth in this new era. Consider adjusting your portfolio to benefit from the AI revolution unfolding before us.



Read more at Nasdaq: Why the Vanguard Total Stock Market Index Fund ETF Isn’t Suited for the Age of AI