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by eru 1 day ago
Sorry, could you please explain?

For the record, I deliberately picked an index fund (VWRA) that's not choosy about who to admit, so SpaceX would have been in there pretty quickly no matter what shenanigans they are doing with the S&P500.
1 comments
csomar 1 day ago
Introduce a vapid company(ies) to the index that will have no future cash-flow and withdraw the liquidity to these "investments". If your index fund has SpaceX in it, Elon musk has basically funneled money out of your retirement account to his insanity rides.

If you think SpaceX has even a minuscule chance of succeeding then this conversation doesn't make sense to carry on.

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eru 17 hours ago
There's like a few thousand companies in the index my ETF is following. I don't have opinions on every last one of them. I just (automatically) follow the market consensus.

Keep in mind that index funds are generally really, really keen to lend out their shares to short sellers, too.

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