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Prediction: after the first month, it will rise more and more as it becomes part of the funds people blindly put money into each month via 401k. Stock prices ar
by phkahler 3y ago
Prediction: after the first month, it will rise more and more as it becomes part of the funds people blindly put money into each month via 401k. Stock prices are set by supply and demand, and we have a rather large demand these days.
- joegibbs 3y agoIt’s controversial I know, but I think that passive investing should be banned. Funds are just blindly dumping money in companies regardless of performance (after the company gets to whatever threshold), it’s distorting the market.