Documenting your investment decisions helps you learn from your mistakes and see through the various emotions that surface. Over the years, we’ve translated our patterns of investing into a methodology of sorts that we use to guide future investing decisions. One belief we’ve held is that if there are ETFs available for a particular theme – like Fintech or Robotics – then we prefer to hold the ETF over trying to cherry-pick a winning tech stock from a mature niche. We’re risk-averse investors who know that it’s all about time in the market, not timing the market. If the winner is clear as mud, bet on them all. Set it and forget it.
We recently evaluated eight different cybersecurity ETFs and found a clear winner – the Global X Cybersecurity ETF (BUG). Since cybersecurity is a mature tech theme, there are many pure-play stocks to choose from. The easy way out would be to start accumulating BUG, but we’re going to take a different approach this time. We