• Owl
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    43 days ago

    as someone who is very far from retiring i have no idea about how people manage their retirement funds or how that whole system works. youre right, that would indeed be quite terrible

    • @Jakeroxs@sh.itjust.works
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      53 days ago

      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

      • @bitjunkie@lemmy.world
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        23 days ago

        How much better does the rest of the portfolio do after Musk is ruined and can’t buy elections, though?

      • Owl
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        12 days ago

        seems pretty weird to me for them to include a volatile stock such as tesla

        • @Jakeroxs@sh.itjust.works
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          2 days ago

          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.