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Is everyone ready for the inevitable AI bust to take out their kiwisaver/pension fund du jour?
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I mean, the Asian Financial Crisis took out my partner's families upper middle class real estate- backed existence. And the GFC destroyed the value of my first home...so...
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Is anyone marketing a “no investments in AI” managed fund? I suppose it’s hard cos would have to divest from Apple, Microsoft etc.. can’t escape it I guess. Buy gold?
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Yeah my aggressive fund is defo exposed to MS and Google. I am still 20 years from retirement so I guess I will stick with it but if I was less than five years away I would be thinking about going conservative ..I guess. No Finance Bro here.