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Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

Investing in AI

6 replies

zeddybrek · 16/08/2024 22:38

Is it too late? If not then how can I find out which companies are currently performing well or expected to. Totally clueless and am curious. Had anyone got any experience or already done the research. Thanks.

OP posts:
Intelligentgoat · 16/08/2024 23:18

The business value is yet to be realised. Picking the right bet will be like the dot com bubble. There will be winners but how do you spot them. You could diffusely invest in tech but you would be assuming the incumbents will work it out.

Take a look at the Nvidia stock journey, that's a good way of observating the trends impact.

In summary, I don't really know the answer but some thoughts

zeddybrek · 17/08/2024 18:05

Thanks @Intelligentgoat

Appreciate your thoughts and will look into Nvidia too.

OP posts:
Bettergetthebunker · 17/08/2024 18:11

I have invested a sum into AI ETF, I feel it won’t be going anywhere but it’s higher risk and thus a smaller portion of my portfolio.

Intelligentgoat · 18/08/2024 15:46

Bettergetthebunker · 17/08/2024 18:11

I have invested a sum into AI ETF, I feel it won’t be going anywhere but it’s higher risk and thus a smaller portion of my portfolio.

Edited

What's etf?

Intelligentgoat · 18/08/2024 15:47

Im learning about investing but in the AI space

greenfernfrond · 18/08/2024 21:13

Well, the S&P 500 tech companies have driven its booming growth. The top 'Magnificent 7' biggest companies compose about 35% of its market share - Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla.
So a simple S&P 500 index tracker would give you exposure to this market.

Investing always involves risk of course, so as the opt repeated phrase goes - past performance is no indication of future growth. Things seemed to have stalled somewhat - for now at least.

https://www.vanguardinvestor.co.uk/investments/vanguard-s-and-p-500-ucits-etf-usd-accumulating/price-performance

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