Actually right now I am 100% cash.
What's interesting is
Microsoft
Amazon
Are doing very well in this lockdown..strange as they form a major chunk if the S&P 500 along with a couple of others
Yes the FANGs command approx 20% valuation of S&P 500 which kinda makes me not want to put to much into ETFs as it loop sides the balance. I would hold a little more search more for companies with good moat as buffet suggests. It’s more speculators pumping it up Amazon & Co, Amazon has a P/E Ratio of 100 which makes no sense at all.
Right now I’m in cash, probably have less than 20% investing in some companies.
Question being in Pakistan which broker allows you to invest in assets outside the country?