I haven’t dug in, but I have a 401k, a Roth IRA and a HSA. I don’t directly control how those mutual/hedge funds invest, I just get a slice of them. Historically, that’s been a good way to be “diverse”, a funny word in our current political climate, and be protected from one area or company suddenly failing.
With the spacex and incoming google, anthropic and openai stocks coming at us, I cannot imagine that I won’t end up, or already own, a tiny share of these companies. My 401k contribution next month will almost certainly go towards a fractional share of spacex.
I haven’t looked recently, because I’m tired, but I doubt I even have an option to choose a non-techbro fund via my retirement operator, who I have to deal with because they are contracted by my employer.
Sure, I could manage my investments myself, but that takes time, energy and money that I’m already spending on my living. I just get the choices of assorted Vanguard funds, all defined by when I hope to retire! It all depends on how much food costs next month at this point. I couldn’t even find a way to see the specific stocks my fund was currently holding – this data is hidden from us plebeians.
If YOU are certain you haven’t invested in spacex, the only way is if you manage all your stock market exposure, which puts you in a pretty rare place.
For me, I’m probably holding a tiny amount of spacex now and I hate it and I had no choice. The only other choice is to stuff the cash in my mattress, but even that paper will be worthless when this shit hits the fan.
We?
Part of the problem is that is really is “we”.
I haven’t dug in, but I have a 401k, a Roth IRA and a HSA. I don’t directly control how those mutual/hedge funds invest, I just get a slice of them. Historically, that’s been a good way to be “diverse”, a funny word in our current political climate, and be protected from one area or company suddenly failing.
With the spacex and incoming google, anthropic and openai stocks coming at us, I cannot imagine that I won’t end up, or already own, a tiny share of these companies. My 401k contribution next month will almost certainly go towards a fractional share of spacex.
I haven’t looked recently, because I’m tired, but I doubt I even have an option to choose a non-techbro fund via my retirement operator, who I have to deal with because they are contracted by my employer.
Sure, I could manage my investments myself, but that takes time, energy and money that I’m already spending on my living. I just get the choices of assorted Vanguard funds, all defined by when I hope to retire! It all depends on how much food costs next month at this point. I couldn’t even find a way to see the specific stocks my fund was currently holding – this data is hidden from us plebeians.
If YOU are certain you haven’t invested in spacex, the only way is if you manage all your stock market exposure, which puts you in a pretty rare place.
For me, I’m probably holding a tiny amount of spacex now and I hate it and I had no choice. The only other choice is to stuff the cash in my mattress, but even that paper will be worthless when this shit hits the fan.
Seriously? Is it so hard to conclude that they are not talking about you and I as individuals?
Cmon.
The loose “we” is garbage terminology used to implicate everybody in the crimes of a few.
Who is “we”? Who are they talking about? People here? There’s at least three of us who aren’t part of that “we”. Me, you, and the person above.