Why experts believe investors should buy the AI dip for substantial long-term wealth creation.
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00:00If you're a short-time price action investor and you're looking for short-term gains,
00:04I would be very scared of this market. And unless you're an expert trader, I would avoid it at all
00:09caution because this is extreme volatility. The VIX in excess of 50, extreme volatility. Anything
00:15above 40, extreme volatility. So unless you're a short-termer, I would, you know, if you're not a
00:20short-termer, avoid, avoid. On the longer-term end, we cannot ignore the fact that we are in
00:26the beginning stages still of the fourth industrial revolution. Robotics, quantum computing,
00:32blockchain technology with the cloud, and then artificial intelligence. Those are our four
00:37main areas that are what I would call the new frontier. And those are going to have long-term
00:43multiple millionaire type effects, but you need to be able to buy in and hold. And I don't know if
00:49you have to hold for 10 years or for 15 or for five. I'm not sure, but I do know it's not a price
00:55action investment. It is a long-term hold move so that it's like buying into Facebook in 2001,
01:01if it was available at that time, and holding it to present day. It is a long-term hold. And in the
01:06long term, in the next 20 years, it will produce a lot of additional growth for you, but you're just
01:11going to have to be able to avoid the gyrations because it hasn't been monetized yet. And so it can
01:15get ugly as it goes through monetization. I think that, you know, on the AI space, I know NVIDIA is
01:20extremely expensive, but it is the global chip leader. And I don't see, it's always possible,
01:26but we don't see any priced alternative competitor that could take their position.
01:33So if you want to have the longest term, best, kind of most well-capitalized AI, I always think
01:39NVIDIA is a good play, but it is expensive right now. And it's expensive because it is the best. So
01:44again, you know, if we have more of a pullback and you see that, hey, it's come down again,
01:48buy into it, buy the diff, and then be prepared to hold for a long time. But I do still love NVIDIA.
01:53I do love the AI space. I do love robotics. I do love quantum. So those are the areas that I would
01:59say buy, but not for short-term improvement because short-term is going to be ugly.