alt Hacker NewsWhat will managed funds do?
Are we now suggesting people get out of index funds?
Worse, will this and spacex ipo destroy the index funds?
Replies
karmakurtisaani • today at 6:08 AM
Destroy is a strong word. Rather, it will make the pension funds and passive investors the bag holders for the oligarchs.
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The important thing to remember is:
- With the SP500 you're not that diversified because you're very exposed to the tech sector
- With a world ETF like MSCI World you're still extremely exposed to US stocks (about 70%) and of course the tech sector