The SP500 refused to allow SpaceX in on an accelerated schedule, so its usually vetting process would still apply (12 months of public trading, positive earnings for a period of time, etc).
So right now, SP500 is one index fund that isn’t taking a risk on SpaceX, which I, in my tiny knowledge of stocks and finance, appreciate.
Lucky for me, I fall into the ~40% of people too poor to have investments. But even if I did have money to invest, I wouldn’t fling it blindly where it could be going towards harming the planet.
I don’t think you’ve misunderstood what I’m trying to say.
People with an IRA don’t have control of what the fund is invested into. The fund itself is invested into funds that track the top 100. Therefore, anybody with a generic pension plan is invested into SpaceX, whether they like it or not.
No, I understand. I’m saying I give zero shits about those people taking losses.
If you have excess, and you’re expecting to be given more because of your excess, you’re just as culpable in Nazi bullshit when your money ends up invested in it.
I don’t care if it requires more personal attention, it’s possible to have your money invested where it will do good, not where it will gain you the largest return at the expense of the planet.
I hope every Nazi piece of shit with money in this ends up destitute as fuck.
They’re making an exception to put it into index funds more quickly than is ordinarily allowed, so a lot of normal people might end up holding it too…
That is a great point.
The SP500 refused to allow SpaceX in on an accelerated schedule, so its usually vetting process would still apply (12 months of public trading, positive earnings for a period of time, etc).
So right now, SP500 is one index fund that isn’t taking a risk on SpaceX, which I, in my tiny knowledge of stocks and finance, appreciate.
If you have a pension plan, you will have money in this, too.
Lucky for me, I fall into the ~40% of people too poor to have investments. But even if I did have money to invest, I wouldn’t fling it blindly where it could be going towards harming the planet.
I don’t think you’ve misunderstood what I’m trying to say.
People with an IRA don’t have control of what the fund is invested into. The fund itself is invested into funds that track the top 100. Therefore, anybody with a generic pension plan is invested into SpaceX, whether they like it or not.
No, I understand. I’m saying I give zero shits about those people taking losses. If you have excess, and you’re expecting to be given more because of your excess, you’re just as culpable in Nazi bullshit when your money ends up invested in it. I don’t care if it requires more personal attention, it’s possible to have your money invested where it will do good, not where it will gain you the largest return at the expense of the planet.
Having a pension is excess?!
It is if you’re still a highschool kid who thinks 50$ is a lot of money.