Buying index is stupid. You want a fund, buy one that aligns with your mindset instead of lump of everything. I'll be curious to see if the main fund I use for large caps buys it. I doubt it. They only hold about 50 of the SP500. So many freak out over stupid shit expense ratios and such.
To the others point too the Blackrocks of the world don't sell, they vote. They hold the voting rights of ALL the people who put nearly $800B into their IVV SP500 index fund for example. They are voting every one else's money. They can't just say oh we are mad at this company we will sell them, they'd either have to convince the S&P to remove them, or just use their massive board and voting influence.
I like Space X as a company. Won't touch their stock for a while. Hype stocks are for the gamblers.
Buying index is stupid. You want a fund, buy one that aligns with your mindset instead of lump of everything. I'll be curious to see if the main fund I use for large caps buys it. I doubt it. They only hold about 50 of the SP500. So many freak out over stupid shit expense ratios and such.
To the others point too the Blackrocks of the world don't sell, they vote. They hold the voting rights of ALL the people who put nearly $800B into their IVV SP500 index fund for example. They are voting every one else's money. They can't just say oh we are mad at this company we will sell them, they'd either have to convince the S&P to remove them, or just use their massive board and voting influence.
I like Space X as a company. Won't touch their stock for a while. Hype stocks are for the gamblers.