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Reply to "Putting all my money in nvda"
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[quote=Anonymous]The anti-index fund brigade are hilarious. Someone said index investors will “lose it all” soon and stock pickers will survive? How’s that? The American economy will completely fail but your single company will survive? Makes sense… An S&P index fund from Vanguard, VOO, has 7% in Microsoft, 6% in Apple, 6% in nvidia, 4% in google, 3.5% in Amazon, 1.7% in Berkshire… Maybe you anti-index fund people don’t realize how it works? Index investing is just jargon for diversification, which is a concept that has been a core principle of good investing for ages. Why would you put your entire investible net worth into a single stock? Index investing still gives you exposure to that stock and others that are high growth. [/quote]
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