[fsckboy]

> technology/internet/telecom industry heavy ETFs ... mix of the different ETFs and the stocks they contain is sufficiently diverse for my risk tolerance

in this case it doesn't matter your risk tolerance, diversifiable risk is not rewarded by the market, which means NOT that you face higher risk, but actually, lower returns at any given level of risk.

that is standard finance theory

[walrus01]

What I meant by that is that the risk of one company that is a component of one of the ETFs taking a major nosedive (let's say, Facebook) is somewhat mitigated by the existence of many other companies in the same ETF, and that the portfolio is divided between a number of different ETFs.

PNQI ETF holdings: https://www.invesco.com/us/financial-products/etfs/holdings?...

As compared to what I was originally looking at doing by putting the bulk of the money into individual stocks, rather than ETFs, though I did also do some of that, with Netflix.