• chonglibloodsport@lemmy.world
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    2 days ago

    A lot of investors are passive investors. They put their money in ETFs and call it a day. Those ETFs in turn buy stocks in companies on a cap-weighted basis (bigger company => buy more of those stocks).

    I have been moving some of my investments out of ETFs that buy American stocks (because these are heavily dominated by AI companies) but I think most people don’t care or are afraid to (in the general sense of being afraid to manage their own investments, rather than trusting their bank to pick for them).

    • boonhet@sopuli.xyz
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      1 day ago

      Mine’s in a national pension system so they only allow changing funds 3 times a year -.- All my new payments have been going into a personally curated fund comprising of about 5 ETFs with zero American stocks between them for a few months now, but I’m still waiting for the rest of it to be transferred over on… the first workday of May I think? In the meantime, I’ve lost like 10% compared to a month or two ago when it peaked and I just wanna have it out before all the AI bullshit crashes.