Forcing everyone’s retirement funds to buy (at the artificially high and unsustainable price) is the scandal. Clever ploy to move more money from the plebes to the billionaires.
Good thing we can also preemptively divest on our retail accounts and just wait this out so we don’t get stuck bag-holding this turd sandwich. Ooh wait, selling triggers cap gains taxes.
What a great scam. So either dump all your index funds and pay the huge tax bill now or stay in and hope against all signs and odds that someone does something to stop this.
Forcing everyone’s retirement funds to buy (at the artificially high and unsustainable price) is the scandal. Clever ploy to move more money from the plebes to the billionaires.
Good thing we can also preemptively divest on our retail accounts and just wait this out so we don’t get stuck bag-holding this turd sandwich. Ooh wait, selling triggers cap gains taxes.
What a great scam. So either dump all your index funds and pay the huge tax bill now or stay in and hope against all signs and odds that someone does something to stop this.
You can hedge the position via options without having a taxable event on passive investment.