Comment by newshackr

13 hours ago

You can't sell these ETFs without incurring capital gains, potentially large. So it isn't really a choice.

6 comments

newshackr

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bobsomers  13 hours ago

If it's actually your 401k, sure you can. Just today I rebalanced my retirement funds away from large cap stocks to avoid this steaming turd that Elon is dumping on the public.

  • andsoitis  13 hours ago

    > Just today I rebalanced my retirement funds away from large cap stocks

    Away from large cap stocks to what?

    • AlexCoventry  13 hours ago

      For what it's worth, I think anything selling energy or fertilizer which is not sourced from the Middle East is a pretty good bet right now. Depends on how the US/Iran conflict plays out, of course, but I'm not optimistic.

    • edoceo  13 hours ago

      Small-cap, mid-cap and ex-US real estate? That's been floated in my circles - that and the 30 year.

tonfa  11 hours ago

If you're truly convinced there's nefarious reasons for including megacap IPOs in passive index, you can always short the stock (or use derivatives) by the same amount.

I'm not sure you'll come out ahead. (Personally I don't get the outcry, except for nasdaq which has fairly stupid rules, delaying the inclusion of megacaps won't make the problem go away, but probably increase since the float will be massively larger). It's inherent to being a passive index.