The problem is that it's very hard to avoid if you have a pension plan, and millions of Americans will subsidize Elon Musk without knowing. This is really messed up.
Groxx•42m ago
Garage -> Gavage?
tartoran•30m ago
Yes, probably a typo.
gavage
American
[guh-vahzh, ga-vazh] / gəˈvɑʒ, gaˈvaʒ /
forced feeding, as by a flexible tube and a force pump.
Uh, can someone explain this to me like I’m 5, but somehow still have money invested in index funds? It makes me sound like my invested-in-vanguard-total-market-indexes-and-fidelity-target-date-funds money is going to be mechanically dumped into Elon Stock because of FinanceWord FinanceWord FinanceWord gobbledgook FinanceWord but is that the correct reading?
skybrian•16m ago
Good question. I don't know, but I'll point out that different indexes have different rules, so someone would need to check if a change to the rules for Nasdaq indexes affects the others you mention. (Perhaps they follow what Nasdaq does somehow?)
readthenotes1•59m ago
1. Garage 2. Buy SpaceX on Day 1.
zug_zug•47m ago
tartoran•32m ago
Groxx•42m ago
tartoran•30m ago
gavage American [guh-vahzh, ga-vazh] / gəˈvɑʒ, gaˈvaʒ /
forced feeding, as by a flexible tube and a force pump.