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I don't think most people signed up for it by just having some money in their pension funds.

• dgellow 4mo ago
  SpaceX isn’t in indexes yet… That will be included later this month in NASDAQ & co.
  • jojobas 4mo ago
    The valuation is about to be just as unfair.
    • dgellow 4mo ago
      yeah, that's for sure
• nh23423fefe 4mo ago
  They literally did. Investing in a broad market index means you want to own everything because you can't pick winners. You just imagine you can pick for no good reason.
  • jojobas 4mo ago
    Pension funds are forbidden from picking winners and are required to buy into these indexes though. At best you can choose which index.
    • nh23423fefe 4mo ago
      Yes. If you want to avoid paying taxes, ERISA says plan administrators must act as fiduciaries and provide options across risk/reward spectrum. If you elect "total market index" then you want to own SPCX. Open a brokerage account and pay taxes if you want something more specific. If you want your 401k to have an "I hate Elon plan" then what point are you making?
      • jojobas 4mo ago
        More like "avoid rule-bending fraud investments".