return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 days agoPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comexternal-linkmessage-square107fedilinkarrow-up1676arrow-down121cross-posted to: news@lemmy.world
arrow-up1655arrow-down1external-linkPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 days agomessage-square107fedilinkcross-posted to: news@lemmy.world
minus-squarejellygoose@lemmy.calinkfedilinkEnglisharrow-up14·2 days agoI hope your 401K is diversified because this will bring down a lot with its fall.
minus-squareBlackmist@feddit.uklinkfedilinkEnglisharrow-up8·2 days agoIf it isn’t diversified, then you’re not investing. You’re gambling.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down1·2 days ago I hope your 401K is diversified When the MAG7 makes up half the S&P 500, its hard to get away from. Even if you somehow manage to avoid holding a big tech company (or a company that’s predicated on the spending of a Big Tech company), a downturn will force cascading sell-offs.
I hope your 401K is diversified because this will bring down a lot with its fall.
If it isn’t diversified, then you’re not investing. You’re gambling.
When the MAG7 makes up half the S&P 500, its hard to get away from. Even if you somehow manage to avoid holding a big tech company (or a company that’s predicated on the spending of a Big Tech company), a downturn will force cascading sell-offs.