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Do you have a 401k that somehow doesn’t hold Apple stock? Or are you complicit too?
by what 1y ago
Do you have a 401k that somehow doesn’t hold Apple stock? Or are you complicit too?
- beeflet 1y agoI don't contribute to my 401k or I liquidate whatever is in it as soon as feasible within the tax model. I think I have some index funds but I am going to try to put them into the DOW or gold or something.
- angoragoats 1y agoI have some bad news for you about the Dow: the top 4 companies by market cap in the Dow are Nvidia, Microsoft, Apple, and Amazon.
- geodel 1y agoIt is simple really. "I do things when they are feasible do me. so others must do things when they are feasible to me"
- beeflet 1y agoI wasn't planning on investing in those. Aside from ideological reasons, I am pessimistic about their role in the economy. I don't have access to the DOW directly, I would still have to choose individual stocks.
- angoragoats 1y agoIf you can buy individual stocks, then you absolutely do have access to the Dow in the form of a myriad of ETFs [1][2][3]. There are also numerous standard mutual funds which consist of all the companies in the DJIA. This is what I thought you were referring to when you said you'd invest in the Dow, hence my comment. [1] https://investor.vanguard.com/investment-products/etfs/profile/dia https://investor.vanguard.com/investment-products/etfs/profi... [2] https://investor.vanguard.com/investment-products/etfs/profile/djd https://investor.vanguard.com/investment-products/etfs/profi... [3] https://investor.vanguard.com/investment-products/etfs/profile/edow https://investor.vanguard.com/investment-products/etfs/profi...