• cardfire@sh.itjust.works
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        1 hour ago

        I mean, every company I participated in just give a menu of 20 or 40 mutual funds, targeting different maturation points or Industries, and people absolutely are allowed to pick which funds they want their 401K allocated into. It’s just going to require an additional 10 minutes of searching to find out how much AI diaper load is riding in your preferred funds, and possibly having to forgo growth funds and total index funds for some number of seasons.

        Personally, I just moved to roughly 40% in Int’l funds despite ASML and TSMC being featured prominently, because it is still a net reduction in exposure and because I need the diversification (~10% a S&P 500’ value is directly exposed either AI or semiconductor, and roughly 33% of S&P 500 is straight Tech of some flavor).

        • ChickenLadyLovesLife@lemmy.world
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          2 hours ago

          We had a zoom meeting with my elderly mother’s investment adviser recently and expressed our concern about the AI bubble. He of course said he didn’t think it was a bubble; his main argument was “these CEOs are smart people and they’re legally obligated to preserve the financial health of their companies so they wouldn’t be going in for anything that had the potential to be a bubble”. Conveniently ignoring all the other bubbles in history when the CEOs were “smart people”.

    • Ray661@lemmy.world
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      13 hours ago

      Every 401k I and my wife have had let us set which index, but would rebalance itself every year because they believe they know better. It’s really annoying, but if you’re familiar with the markets, I would say it’s very necessary. Especially since the default funds will often have fees associated to them.

    • cardfire@sh.itjust.works
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      16 hours ago

      I actually just went hella heavy on Int’l and value stocks, in order to completely divest from Musk exposure in my retirement accounts.

        • cardfire@sh.itjust.works
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          8 hours ago

          VTV is value stocks, so minimal exposure. AND Vanguard Healthcare fund has often had consistent performance across Market Cycles. I haven’t yet found an anti AI portfolio.

          I’m looking ex-us for my growth and blended strategies. VXUS and VEA principally.