This is a *real* question, and not an attempt to get everyone riled up.
I am 63, and figure I have at least 15 years before I might want to tap into my Roth accounts. Since their growth will also be tax-free, any “home run” would be especially welcome.
While recognizing the other prime rule of investing: don’t lose money, I have some of my Roth investments in the Fidelity Blue Chip Growth fund. That way, I get a piece of the current and, I hope, future tech giants. If the “blue chip” part is correct, the fund will try and make sure that their picks stay somewhat sane.
But I also have some (Roth) in the Fidelity Biotech Select fund. I have owned it in IRA accounts for many years, and it is up about 148%... but I am betting that there are things that will still come about that could blow away even the boom years of the Internet. And even the normal picks of hot biotech startups should still perform very well over the longer haul.
Does anyone else think this is reasonable?