As for your Aussie dollars, you lucky man! If I was looking to buy shares and I had Australian dollars to spend, I’d consider backing up the truck on UK equities.

In case you missed it, I recently made the case for UK shares, and currency was one of the reasons.

It’s such a huge and growing sector though it seems inconsistent to be in technology and not in games. I guess if you’re really risk averse but still want to be in there you can just buy Activision, Electronic Arts, and Nintendo, and that’s almost the equivalent of a ‘video games ETF’.

Along with the video games sector the US dollar is also pretty universally disliked at the moment so some USD sensitivity probably aint a bad thing – taking a bet on both probably isn’t such a bad idea. Actually the only currency that’s hated as much as the USD is sterling … (-: The general UK gloom is starting to look attractive to me from sunny Sydney given a 30% fall of sterling v the $A (lived in London for 20 years until recently).
.-= @SMSFs on: The volatile world of the video games investor =-.

Do you know there were 15 listed games-related companies on the London market in the mid-late 1990s (the Lara Croft years of Eidos etc). Now there’s just GAME, a not veru high tech shop!

The Lindsell Train Investment Trust (which I like) holds Nintendo as its games pick, but I’d be wary about the managers strategy of thinking that games brands are enduring like chocolate or drinks (it also holds Cadbury and Diageo, for instance). I remember when Sega and Atari made video consoles, too. It’s a precarious business!

In what circumstances might Technology investments suffer a correction?

Thanks for sourcing the NASDAQ ETF, awesome stuff. I’ll take a look at it later. I even more rarely stray from iShares offerings after discovering that the Lyxor ETFs are French-based and thus subject to unusual taxes, even if I recall correctly, if held in ISAs. (I believe that’s going to change with new legislation at some point. In fact, surveying the different ETF providers including a look at their websites, as you mention, might make a good article).

That’s not to say that the amount an American investor would put into tech is some Holy Grail, but at least it will firm up the comparison.

As I recall the reason he gave was something to do with the fact that I worked in a technology company. This seems like curious advice – my entire future income is dependent on this sector already; and I guess I’d ask the same of you – surely it would be better to diversify away from the sector you work in?

Awesome work on that 80% return, in any case

Those piles of cash are all well and good but I’d be more inclined to invest if they returned some of it to shareholders, rather than just buying each other out all the time.

EQQQ is a London-listed ETF tracking the NASDAQ-100, closest I could find, and it’s from Powershares whose ETF info website is a pile of rubbish.