3 ms·
Virtually everyone's 401k is overexposed to these companies due to their insane market caps and the hype around them. If they go every S&P 500 and total US mark
by scottLobster 11mo ago
Virtually everyone's 401k is overexposed to these companies due to their insane market caps and the hype around them. If they go every S&P 500 and total US market ETF goes with them, right as the Boomers start retiring en-masse.
Even Vanguard's Total World Index, VT, is roughly 15% MAG 7.
That's not even getting into who's financing whom for what and to whom that debt may be sold to.