AI stocks look ‘eerily similar’ to the dot-com craze, warns CIO overseeing $15 billion. Invest in this ‘boring’ corner of the market instead.

• Artificial Intelligence shares are similar to Dot-Com in the 1990s, and investor Richard Bernstein warns.

• Since the launch of ChatGPT, the S&P 500 and NASDAQ has risen.

• Bernstein suggests stock profits, such as facilities, for stable and complex returns.

Richard Bernstein warns of the major most poisoned investors over the past few years.

CIO wrote with $ 15 billion of Richard Bernstein Adviss in a publication on June 30 that artificial intelligence trade began to seem rich, and that it may have come for investors to turn their attention towards a more “boring” angle in the market: distributed stocks.

“It seems that investors focus globally on” artificial intelligence “, which looks frighteningly similar to stocks.”

Since ChatGPT arrived in the market in November 2022, the S&P 500 and Nasdaq 100 % rose 54 % and 90 %, respectively. The assessments, according to some measures, have risen to the highest levels, competitive levels seen during the Dot-Thi bubble and 1929.

While Bernstein said he does not call for the summit, the deals are eventually going in the other direction, and the best time to invest in something is when it is not valid – not when a large gathering occurs.

“At the beginning of the ascension market when the momentum and beta strategies are by definition, investor fears are led to emphasizing the shares and low -shares of the beta,” he wrote. “In the subsequent periods when the profits of the stock and the low -attractive homes become more attractive, investor confidence leads to investing risks and momentum.”

“It is clear that we are not at the beginning of the bull market, and as we wrote previously, the profit cycle started slowing down,” he added.

That is why the profit stocks can ripen to estimate, as Bernstein said. He loves facilities in particular, which is famous for issuing stock profits.

The stock profits are payments that the company sends to the shareholders regularly (usually a quarter of annual), and can be used by investors as income or re -invest in stocks. If it is re -invest, your position in the shares can double.

Bernstein said that when looking at the guaranteed returns, the shares of the profits actually hold against high -level technology shares.

“It was one of the easiest methods of building wealth historically the power of complex profits. The distributions of counterfeit profits were boring because everyone had gone out, but it was very successful over time.”

“In fact, the revenues of the profit distributions were very successful, as the revenues of the Dow Jones Utailaes Index were almost with the return of Nasdak since the beginning of Nasdak in 1971!”

Investors can get wide -shares of profits through boxes such as SPDR S & P Dividend Etf (SDY), Vanguard Dividend Etf (VIG), and more.

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