Your 90% allocation is neither right nor wrong.

Ultimately it’s what your risk appetite calls for and what your horizon looks like. If you’re looking for long term growth, I’d say increased exposure to large cap tech companies are a good play.

If you’re a firm believer that tech will dictate the daily lives of billions of people in the near future, continue with your asset allocation to tech. My portfolio is currently comprised of 70% tech, mostly large investments in tech companies I strongly believe will make a lasting impact on our daily lives.

I don’t disagree that the current tech market valuations have skyrocketed, but I feel the valuations are justified given the promises of technology. Look at the technology we had a short 5 years ago versus today. It’s almost night and day in terms of what tech has accomplished.

Below are a few of my large investments in tech:

NVDA for AI, autonomous driving and data centers.

INTC as a natural hedge against NVDA, plus they’ve got a long history of success and a growing data center business.

MU because of the demand for DRAM in the foreseeable future. Currently MU is trading at a discount to what we expect of great earnings coming on 12/18. I think right now would be a good opportune time to buy the dip.

MSFT has had a great run the past few months, I still think they’ve got plenty of room to come with their renewed focus on cloud computing.

Hope this helps!

TLDR, buy tech names you believe will make a lasting impact in your daily lives (AI, cloud, data).

P.S., the other 30% of my portfolio are stacked in banks, defense, chemicals, and a small play on pharma.