Elon Musk’s SpaceX is preparing for a $1.75 trillion IPO that could place the company in major index funds within days. Changes to long-standing index rules may bring the stock into retirement portfolios far sooner than many investors expect.
Elon Musk’s SpaceX is preparing for a $1.75 trillion IPO that could place the company in major index funds within days. Changes to long-standing index rules may bring the stock into retirement portfolios far sooner than many investors expect.
So tempted to dump my index funds for the short term, but that’s just me throwing a dart against a wall.
I’ve been thinking of taking profit and going into money markets / cash anyway for a while. This just makes me want to do it more.
im rebalancing down. I had a really aggressive position with retirement savings. but this growth is madness. im reducing my percent holding in tech, even though it’s the fastest growing
I recently switched a decent chunk to municipal bonds. It’s mostly because I want that money at a set time, but it’s also to ensure it’s safe through the pop
There are already green index funds, hopefully we will see anti AI and anti billionaire index funds soon.
Some (although inexplicably not all) small cap value funds dont include the mega cap tech companies at all in their indexes. Going extremely heavy small cap value could get you a portfolio without any exposure to these criminals, depending on the options available through your manager. That may make for a more sound financial strategy than pulling everything out of the market entirely.