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I 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
by jaredklewis 4y ago
I 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.