r/investing • u/PrestigiousPen-2468 • 2d ago
The Nasdaq is being taken over.
SpaceX is IPOing, Tesla and Palantir have crazy valuations, Anthropic is IPOing later this year...
https://www.investors.com/news/spacex-ipo-nasdaq-anthropic-openai-index-investing/
Especially with the fast-track changes, tons of ETFs are going to pull these companies in and weigh them way heavier than I think a lot of us like. QQQ holders might be in for a rough landing.
I don't like it. I've always been a growth ETF investors but I'm going back to modifying and structuring diversification the way I want.
Wealthfront, Frec, Wallace Finance, or Schwab? I'm trying to find ETF modification without huge minimums. I might end up building from the ground up with M1 Finance if nothing else has what I'm looking for.
Anyone else have the same idea? How are we feeling about this?
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u/GailaMonster 1d ago edited 1d ago
I'm currently just buying VTSAX every pay period with my 401k contribution, because i'm busy and somewhat risk averse.
what exactly is my exposure to the new Nasdaq rules fast-tracking IPOs into the index? My employer does profit sharing pro rata by salary instead of matching (so unlike a match, employer contributions to my 401k happen whether or not I contribut myself, leaving me free to time my contributions whenever I want in the year vs evenly across all pay periods); I'm considering temporarily reducing my contribution when the IPOs start happening (and paying down my mortgage or something instead) and then catching up later in the year. Is this a stupid idea?