sanitation@lemmy.today to Technology@lemmy.worldEnglish · 3 days agoSpaceX stock drops to a new low and loses $1 trillion in value in a monthwww.businessinsider.comexternal-linkmessage-square135fedilinkarrow-up1761cross-posted to: technology@beehaw.org
arrow-up1761external-linkSpaceX stock drops to a new low and loses $1 trillion in value in a monthwww.businessinsider.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 3 days agomessage-square135fedilinkcross-posted to: technology@beehaw.org
minus-squareFermion@feddit.nllinkfedilinkEnglisharrow-up77·3 days ago401(k) is managed by the employer and you can only pick from the funds they have selected. That really doesn’t leave much choice for most people. That’s why people should consider doing a rollover into IRA anytime they have a job change and not just rollover into the new employer’s 401(k).
minus-squarePacattack57@lemmy.worldlinkfedilinkEnglisharrow-up4·3 days agoIt’s not like it’s stocks. It’s index funds and you can get a list of the funds offered. I don’t think I’ve ever seen an index fund that included SpaceX
minus-squarecurbstickle@anarchist.nexuslinkfedilinkEnglisharrow-up43·3 days agoBroad-market funds like the Vanguard Total Stock Market ETF (VTI) and the iShares Core S&P Total U.S. Stock Market ETF (ITOT) include SpaceX. SpaceX was added to the Nasdaq-100, meaning funds that track it, such as the Invesco QQQ ETF, hold the stock. Benchmarks like the Russell 1000 also hold SpaceX, automatically populating funds like the iShares Russell 1000 ETF (IWB) https://www.investopedia.com/spacex-stock-joins-major-index-funds-what-regular-investors-need-to-know-spcx-ipo-vanguard-blackrock-vti-itot-12004764
401(k) is managed by the employer and you can only pick from the funds they have selected. That really doesn’t leave much choice for most people.
That’s why people should consider doing a rollover into IRA anytime they have a job change and not just rollover into the new employer’s 401(k).
It’s not like it’s stocks. It’s index funds and you can get a list of the funds offered. I don’t think I’ve ever seen an index fund that included SpaceX
Broad-market funds like the Vanguard Total Stock Market ETF (VTI) and the iShares Core S&P Total U.S. Stock Market ETF (ITOT) include SpaceX.
SpaceX was added to the Nasdaq-100, meaning funds that track it, such as the Invesco QQQ ETF, hold the stock.
Benchmarks like the Russell 1000 also hold SpaceX, automatically populating funds like the iShares Russell 1000 ETF (IWB)
https://www.investopedia.com/spacex-stock-joins-major-index-funds-what-regular-investors-need-to-know-spcx-ipo-vanguard-blackrock-vti-itot-12004764