geneva_convenience@lemmy.ml to Microblog Memes@lemmy.worldEnglish · 26 days agoElon hits the red buttonlemmy.mlimagemessage-square426fedilinkarrow-up11.29Karrow-down118
arrow-up11.27Karrow-down1imageElon hits the red buttonlemmy.mlgeneva_convenience@lemmy.ml to Microblog Memes@lemmy.worldEnglish · 26 days agomessage-square426fedilink
minus-squareJakeroxs@sh.itjust.workslinkfedilinkEnglisharrow-up5·25 days agoThe majority of people with 401ks don’t actively manage them, it’s usually generic broad based index funds or similar, which at this point almost assuredly includes Tesla
minus-squarebitjunkie@lemmy.worldlinkfedilinkEnglisharrow-up2·25 days agoHow much better does the rest of the portfolio do after Musk is ruined and can’t buy elections, though?
minus-squareOwl@lemm.eelinkfedilinkEnglisharrow-up1·25 days agoseems pretty weird to me for them to include a volatile stock such as tesla
minus-squareJakeroxs@sh.itjust.workslinkfedilinkEnglisharrow-up2·edit-225 days agoOn a longer timescale, Tesla volatility was actually pretty low with a strong tend upwards. This is not financial advice yada yada but I’d recommend researching how ETFs, and broad based indices decide on what stocks to include.
The majority of people with 401ks don’t actively manage them, it’s usually generic broad based index funds or similar, which at this point almost assuredly includes Tesla
How much better does the rest of the portfolio do after Musk is ruined and can’t buy elections, though?
🤷♂️
seems pretty weird to me for them to include a volatile stock such as tesla
On a longer timescale, Tesla volatility was actually pretty low with a strong tend upwards.
This is not financial advice yada yada but I’d recommend researching how ETFs, and broad based indices decide on what stocks to include.