Why This Tech Bubble Isn’t Like The Last Tech Bubble

It has been 18 years since the ‘dot-com’ bubble happened in 2000, and many people are wondering when Ctrl + Alt + Delete button might get clicked again in their portfolio.  As the NASDAQ gently clipped the 8,000 mark this past week, there have been many articles discussing that equities are ending their run especially in the arena of technology.   However, today’s technology run is far different than that of 20 years ago when the NASDAQ traded at triple-digit P/E ratios and anything with a dot-com after it and a pulse would have significant valuation in the marketplace. Here were the top 10 holdings back in 2000 in the NASDAQ Today, the top 10 holdings in NASDAQ include the following: Apple, Amazon, Microsoft, Google, Facebook, Cisco, Intel, Comcast, PepsiCo, and Netflix. So, why is this tech bubble so much different than the tech bubble from almost 20 years ago? Dividends – Companies have lots of choices on what to do ...

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The Case Of The Broken Cell Phone

Recently, we took our family to a very fun staycation in Nashville. With three teenagers in our household (17, 15, and 13), we often put all of the children together in a room of their own on vacations. The favorite social media application today for teenagers is Instagram bar none. As we all know, teenagers in every family love to squabble and jab at each other. While my youngest two children began to argue over an Instagram picture, my middle daughter decided it would be a good idea to launch my son’s phone across the room and against the wall with Tom Brady accuracy. Ultimately, when they picked up the phone the entire screen was cracked and the device was completely non-functional. In my opinion, many teenagers today simply don’t understand the value of a dollar. They most certainly don’t understand the cost of technology. To them, it all seems free as long as their mobile devices are working. Even ...

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