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I kinda hate that I'm "forced" to buy stupid TSLA stock just because, as a responsible adult, I put most of my investments in the SP500, and any alternative I c
by zzleeper 4y ago
I kinda hate that I'm "forced" to buy stupid TSLA stock just because, as a responsible adult, I put most of my investments in the SP500, and any alternative I could find that excludes firms I hate (FB, TSLA) has infinitely higher expense ratios :/
- jaredklewis 4y agoI read this helpless attitude on a similar thread recently and it boggles my mind. It is not like SPY is the only index fund around. There is a low-cost, well managed ETF for just about every angle on the market these days. So why not invest in a fund that better aligns with your principles? TSLA is ~1% of the SPY, but only 0.04% of FNDX (another large cap fund). It's not like you need to devote your life to picking stocks, but if owning tesla bothers you, making a one time effort to find something you like better than SPY seems like a reasonable move.