Next are cashrich mega caps. So, if rates go up, how will Apple, Meta, Google and Microsoft cope? They will be fine. They will be fine. Why? Because if you look at for example Meta and Google specifically especially right Meta and Google you may have read that oh they take they're taking on a lot of debt right to build their data centers.
So all this debt they have to pay interest on the debt correct but what they don't show you and what you need to check is that they have a lot of cash and equivalents where it's earning interest income and the interest income they earn offsets the interest expense that they pay.
So net net what happens if interest rates go up they're like me whatever. Okay. So, rates go up, companies like Apple, Meta, uh Microsoft, and Google, uh they'll be fine, you know, because they don't have much net interest expense on their debt.
Okay? So, I hold a lot of them and I I'm pretty comfortable.