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by skinfaxi
15 days ago
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> Passive investment was supposed to be a tool for those people. And it was, for a while. Then financial vultures realized there's huge pots of money tied up for 40+ years in funds that the person doesn't directly manage or have a say in. And if the investments are in indices then the index gets to vote on company matters across the economy on your behalf. What could go wrong? |
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