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SpaceX in your index fund, explained

First publishedJul 20, 21:00 UTC
Last updatedJul 21, 08:15 UTC · 8m ago
11 outletThe Verge
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SpaceX in your index fund, explained
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Index funds are touted as one of the safest ways to invest. Rather than picking and choosing individual stocks, index funds let you bet on the market as a whole.

Reported by 1 outlet The Verge. See all sources ↓

Index funds are touted as one of the safest ways to invest. Rather than picking and choosing individual stocks, index funds let you bet on the market as a whole. So what happens when a company like SpaceX - a giant gamble, and, in my opinion, terribly overpriced - is fast-tracked into the Nasdaq-100? Does it suddenly threaten the stability of index funds based on the Nasdaq-100?

Read the full report at The Verge

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In brief
What's the story?
Index funds are touted as one of the safest ways to invest. Rather than picking and choosing individual stocks, index funds let you bet on the market as a whole.
How widely is it covered?
1 outlet, average source rating 6.0/10.
When was it last updated?
8m ago.
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    SpaceX in your index fund, explained

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    The Verge
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