Could you explain to me how an investor owning SPY shares gets to control the proxy vote?
Oh, don't worry. I already know the answer. I'm asking if YOU can tell me the answer.
Oh, don't worry. I already know the answer. I'm asking if YOU can tell me the answer.
I certainly can't buy individual shares in my 401k program. And very, very few programs I'm aware of ever offered that as an option.
The managers ofsuch funds are lazy and invest in multiple mediocre companies, most of whom produce mediocre returns for example investing in 10 tech companies when only two or three of the companies actually accomplish anything won’t help you in the long-term.
Investing in one or two really good tech companies over time allowed me to retire early.
You can have a 401(k) without your employer. My wife has one and can buy and sell any stocks she wants.
To Elon Musk and Mark Zuckerberg. Who have crafted companies who have virtually no voting rights but get purchased up by the masses through passive index funds.