Yes, it would be an oxymoron if one had 100% of their total cash assets invested in a portfolio of technology stocks. If, however, they had three portfolios, one of which was invested 100% in technology stocks, but which represented only 5% of their entire assets, it wouldn't be an oxymoron. What if the other 95% were spread out among a mutual fund IRA (5%), and 90% were invested an index fund such as one that tracks the S&P500 (35%), a diversified bond fund such as one that invests in various Government maturities and corporate bonds (25%), an equity income fund (10%), a foreign stock fund (10%), an equity growth fund (5%), a small cap value fund (5%), and a small cap growth fund (5%). Also, what if the equity in this person's home represents 25% of their overall cash and noncash assets? Is this person diversified? It seems that this is an issue of semantics - again.
To Mad2: Sorry, but I don't understand the point that you were trying to make with the QGLY/MTXX comparison.
Have a nice day,
Dan |
