[ai_fry_ur_brain]

Well we are far more corrupt and in the last stages of late stage capitalism. 15 day waiting period for Nasdaq 100. Your 401k is now the exit liquidty for the country's 5k richest people.

I really dont see how America doesnt collapse on the weight of its own corruption. But maybe the was the plan all along....

[kasey_junk]

Just to put some numbers on it, under current rules and valuations, if all 3 of SpaceX, OpenAI and Anthropic were to go public with their current valuations and be part of the nasdaq 100, and you were 100% allocated to that, you’d have ~8% portfolio exposure to them. I suspect if you are the type of person who is 100% allocated to QQQ I’d guess you’d want _more_ exposure to those symbols than that.

For someone holding VTI its closer to 3% and a 2050 fund its more like 1.5%. Indexing is how most people are investing in their retirement accounts because controversies like these just don’t matter much. Hedging this off is going to cost more than its worth.

[dmoy]

Maybe don't buy QQQ in your 401k then if you're concerned about nasdaq100 inclusion

[ai_fry_ur_brain]

Tell that to everyones 50 year old mother who doesnt even know how to login to their account, let alone modify their allocations.

[derwiki]

50 isn’t old? I would expect a 50 year old mother to be competent.

[kasey_junk]

I learned computers and investing from my mother. She’s pretty competent approaching 80.

[King-Aaron]

It's like the very first golden rule, do not expect competency from another human being.

[dmoy]

I mean, idk what's in your 401k fund choices, but in all mine I'd have to take serious manual effort to get in to QQQ or equivalent

[EugeneG]

The stock market (and in particular the US stock market) has been an incredibly positive influence on the average American's 401k... Great driver of allowing Americans and beyond to share in the upside of successful companies... big reason why Americans can retire.

Of course, it doesn't always go up...

I think you have an oddly negative bias.

[chasd00]

> last stages of late stage capitalism

how long does this last? I've been hearing it for a decade.