SMHX: VanEck's Fabless Semiconductor ETF Could Be A Core Long-Term Tech Holding

Core Insights - A well-diversified portfolio should be built on a foundation of a high-quality low-cost S&P 500 fund, according to investment advice from a retired electronics engineer and investor [1] - The technology sector is recommended for overweight positions, as it is believed to be in the early stages of a long-term secular bull market [1] - Large oil and gas companies are suggested for dividend income, emphasizing strong dividend growth [1] Investment Strategy - A top-down capital allocation approach is recommended, tailored to individual investor situations such as age, risk tolerance, income, and goals [1] - Suggested investment categories include S&P 500, technology, dividend income, sector ETFs, growth, speculative growth, gold, and cash [1]