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What do you mean when you say "democratized investing" ? That people can get benefits from the stock markets? Or that investment/economic decisions van be made
by 8note 5y ago
What do you mean when you say "democratized investing" ?
That people can get benefits from the stock markets? Or that investment/economic decisions van be made democratically?
Index funds rely on the the folks making the index to determine which stocks get bought -- who's on the s&P 500 is not a democratic process
- deleted 5y ago[deleted]
- deleted 5y ago[deleted]
- missedthecue 5y agoBoard members are voted for by stockholders
- bidirectional 5y agoNo, the contents of an index fund like SPY are determined by the prevailing market conditions. You're confusing index funds with actively managed funds. The market is a weighted voting machine so index funds are at least somewhat democratic.