• Owl@lemm.ee
        link
        fedilink
        English
        arrow-up
        4
        ·
        3 days ago

        if your retirement fund is in tesla stock you only have yourself to blame

          • Owl@lemm.ee
            link
            fedilink
            English
            arrow-up
            4
            ·
            3 days ago

            as someone who is very far from retiring i have no idea about how people manage their retirement funds or how that whole system works. youre right, that would indeed be quite terrible

            • Jakeroxs@sh.itjust.works
              link
              fedilink
              English
              arrow-up
              5
              ·
              3 days ago

              The majority of people with 401ks don’t actively manage them, it’s usually generic broad based index funds or similar, which at this point almost assuredly includes Tesla

              • bitjunkie@lemmy.world
                link
                fedilink
                English
                arrow-up
                2
                ·
                3 days ago

                How much better does the rest of the portfolio do after Musk is ruined and can’t buy elections, though?

              • Owl@lemm.ee
                link
                fedilink
                English
                arrow-up
                1
                ·
                3 days ago

                seems pretty weird to me for them to include a volatile stock such as tesla

                • Jakeroxs@sh.itjust.works
                  link
                  fedilink
                  English
                  arrow-up
                  2
                  ·
                  edit-2
                  3 days ago

                  On a longer timescale, Tesla volatility was actually pretty low with a strong tend upwards.

                  This is not financial advice yada yada but I’d recommend researching how ETFs, and broad based indices decide on what stocks to include.

      • Optional@lemmy.world
        link
        fedilink
        English
        arrow-up
        31
        arrow-down
        1
        ·
        4 days ago

        What the functional profitable technology giant that is often the worlds most profitable enterprise building future systems year after year after year?

        Probably overvalued, but not comically. This dipshit fired the entire infrastructure charging group last year because he was out of adderall for twenty minutes. There is no comparison.

      • ramble81@lemm.ee
        link
        fedilink
        English
        arrow-up
        2
        ·
        4 days ago

        If it helps i put the kibash on Disney and Apple. Ever since i bought both of them, neither has netted me a positive return.