Comment on Traders are increasingly betting against SpaceX just weeks after IPOparentComments−da-x1moAnd on the other hand, there's a whole movement (in niche terms, though) of people going "just add to an S&P 500 ETF for 50 years and forget about everything else".−shawn_w1moSubstitute "target date fund" for "S&P 500 ETF" and that describes most retirement accounts... Not exactly niche.−mfro1moWould have been an amazing idea 10 years ago. Not sure anymore.−nh23423fefe1moOwning productive assets is passe?−mfro1moNo, I’m just saying I don’t know if buying SPY today would be a good idea.
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And on the other hand, there's a whole movement (in niche terms, though) of people going "just add to an S&P 500 ETF for 50 years and forget about everything else".
Substitute "target date fund" for "S&P 500 ETF" and that describes most retirement accounts... Not exactly niche.
Would have been an amazing idea 10 years ago. Not sure anymore.
Owning productive assets is passe?
No, I’m just saying I don’t know if buying SPY today would be a good idea.