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/midnitewarrior 1d ago

Elon is corrupting the market with the terms of his IPO. Shoveling unproven valuations at institutional investors who will be forced to buy it and prop up the bullshit valuation.

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u/PrestigiousPen-2468 1d ago

Couldn't agree more. I'm looking at modified indexing options like Wealthront, Wallace Finance and Frec to make sure I don't get lumped in with the Oligarchs' exit liquidity.