If your short stock moons that could be pretty messy and a real pain to constantly have to sell your index fund to cover.
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True.
In a taxable account there can be some tax convenience to owning all the individual stocks as well. If you need to sell something then you can selectively avoid stock with large capital gains.
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Yeah it’s just a lot of work. You could probably get pretty close with a few sector ETFs then buying the rest of that sector and leaving out the one you want to avoid, but again, lots of work.
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You could also just buy an equal-weight S&P 500 fund. Right now Apple, Microsoft, Amazon, Tesla, and Google make up somewhere around 23% of the weighted S&P 500. But if you’re super concerned about one or more of those companies being overvalued, they’ll make up like 1% of the equal weight index.
I think the optimal solution is to buy the index fund and then bitch and most constantly that the stupid fucking index has this piece of shit company in it you don’t even want. BURN IN HELL BOGLE YOU BASTARD!
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Hope you didn’t miss this one:
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This is the #1 reason I am opposed to buying property in CA, although lots of people I know are doing so, and that put them in this situation, it makes me super uncomfortable having lived through 2008
That was confusing, I literally saw this banner, left MW came here and saw your post.
If you want to beat the market just buy the 3x SPY fund on margin.
This post is not investing advice
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so how high is bbby gonna go tomorrow
also lol at the pump things getting pumped again, yeah we’re all still doing fine or that wouldn’t be happening
I’m sold, going 7 figures sqqq…lol.
But really, that is some good stuff!
Hot take: The “recession” isn’t coming.
It’s backdoor roth time and have some dry powder in the taxable account sitting on the sidelines. Any smart people here say to chill on it for another couple few months before it goes Bogling?
immediately suggests to me:
Three months after Clyde Ross moved into his house, the boiler blew out. This would normally be a homeowner’s responsibility, but in fact, Ross was not really a homeowner. His payments were made to the seller, not the bank. And Ross had not signed a normal mortgage. He’d bought “on contract”: a predatory agreement that combined all the responsibilities of homeownership with all the disadvantages of renting—while offering the benefits of neither. Ross had bought his house for $27,500. The seller, not the previous homeowner but a new kind of middleman, had bought it for only $12,000 six months before selling it to Ross. In a contract sale, the seller kept the deed until the contract was paid in full—and, unlike with a normal mortgage, Ross would acquire no equity in the meantime. If he missed a single payment, he would immediately forfeit his $1,000 down payment, all his monthly payments, and the property itself.
Marc, this you?
Last week, the star tech investor Marc Andreessen was revealed by The Atlantic to be against a proposal to bring new housing to the posh Bay Area town where he lives—a position at odds with his more general call in a famous essay for America to build new things again—including more housing in Northern California.
…
I am writing this letter to communicate our IMMENSE objection to the creation of multifamily overlay zones in Atherton,” wrote Andreessen and his wife Laura Arrillaga-Andreessen in an email. “Please IMMEDIATELY REMOVE all multifamily overlay zoning projects from the Housing Element which will be submitted to the state in July. They will MASSIVELY decrease our home values, the quality of life of ourselves and our neighbors and IMMENSELY increase the noise pollution and traffic.”
how far they gonna push BBBY