return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 3 months agoPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comexternal-linkmessage-square40linkfedilinkarrow-up1518arrow-down110
arrow-up1508arrow-down1external-linkPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 3 months agomessage-square40linkfedilink
minus-squarejellygoose@lemmy.calinkfedilinkEnglisharrow-up13·3 months agoI hope your 401K is diversified because this will bring down a lot with its fall.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down1·3 months 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.
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.