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Sure, however BA is part of the S&P500. I would wager almost every American who has retirement savings owns a chunk of BA. As well as most people in the Western
by woofcat 8y ago
Sure, however BA is part of the S&P500. I would wager almost every American who has retirement savings owns a chunk of BA. As well as most people in the Western world.
As much as we would love to having Boeing stock plummet, it will impact most people even if they're not aware that they own it.
- belorn 8y agoDoes not the majority have index fonds, which mean that a drop for BA is rather minor overall and stock money released from people selling BA stocks will then be invested in other companies on the market?
- woofcat 8y agoYou are correct they have index funds, and the people selling off BA stock _may_ be investing in one of the other 499 S&P listed companies, or they may not be.