Hi all,
As it happens my portfolio is overweight US big tech. Aside from the fact that my core portfolio is made up of VTI, I have individual positions in the mag 7.
Selling any of these positions with their 1.5x to Nx gains will result in huge capital gains and so is probably not the right move.
But at the same time I'm looking for ways to hedge my exposure.
I don't want to get into complex options strategies (but feel free to suggest them for others).
I already have bonds and cash. Already have international. Now I'm looking for a way to continue to invest in US equities but maybe correct / hedge for some of the Mag 7 exposure.
Current best idea was to start investing in AVUV (small cap value ETF).
Gold doesn't appeal to me since that seems like an entirely different asset class (one I'm not interested in anyway).
Any other options to explore?