I just saw an ad for a FAANG index fund. Why would you invest in that, several of those companies are direct competitors and it's not large enough to be a real index fund
-
-
I mean it does sound like a bad product still, it's ignoring that the point of index funds was originally to avoid making any kind of stock pick at all and this fund is hyper-specific (if something damages the whole tech sector then you're screwed)
-
The whole thing with a normal index fund too is people worry they're too heavily weighted toward big companies and don't have enough potential upside (a pure total stock market fund will have a ton of its money in Google anyway)
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.