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There are index funds for pretty much anything you can build an index out of. Hell, there are index funds on an endless downward spiral[1]. Intentionally. [1
by jgh 9y ago
There are index funds for pretty much anything you can build an index out of. Hell, there are index funds on an endless downward spiral[1]. Intentionally.
[1]:https://finance.yahoo.com/chart/VXX https://finance.yahoo.com/chart/VXX
- cocktailpeanuts 9y agoThat's totally in line with my argument. When you say "pretty much anything", that's "pretty much anything tradable with what we consider money". Cryptocurrency is a completely different class of currency than what we are accustomed to (bank backed money), so this argument exists on a completely different level.