I want to be buried with my American Express card. It has no spending limit, and is accepted everywhere. 
Retirement investing...
- Thread starter Ws6
- Start date
My kid keeps bugging me to buy my "dream car", because he knows I've got more money than I'll likely spend in my lifetime. God bless him! He's doing well in his career, and doesn't worry much about money. In his back pocket, though, I suspect he knows that at minimum, the house is coming his way...
I have zero desire for that.
I have recently heard some voices comment that todays AI and Tech is another "dot com bubble". Interestingly, my weekly email from Professor Jeremy Siegel contained the following excerpt:
Earnings remain the bright spot. Big Tech’s prints and, crucially, 2025–26 AI capex plans underscore why this cycle is different from 1999: these are real firms with real cash flows, not concept stocks. Could exuberance morph into a late-year chase? Yes—positioning anxiety is rising for managers lagging benchmark weights in the “Magnificent” cohort. But outside mega-cap tech, valuations are far from euphoric. By our calculations, the non-Mag7, non-Tech slice of the S&P 500 trades near a 19–20x market-cap-weighted P/E—reasonable with disinflation and positive growth. That’s fertile ground and supportive for further gains.
https://resources.wisdomtree.com/we...eekly-digest&subscriberKey=003Nx00000MBIOYIA5
Earnings remain the bright spot. Big Tech’s prints and, crucially, 2025–26 AI capex plans underscore why this cycle is different from 1999: these are real firms with real cash flows, not concept stocks. Could exuberance morph into a late-year chase? Yes—positioning anxiety is rising for managers lagging benchmark weights in the “Magnificent” cohort. But outside mega-cap tech, valuations are far from euphoric. By our calculations, the non-Mag7, non-Tech slice of the S&P 500 trades near a 19–20x market-cap-weighted P/E—reasonable with disinflation and positive growth. That’s fertile ground and supportive for further gains.
https://resources.wisdomtree.com/we...eekly-digest&subscriberKey=003Nx00000MBIOYIA5
