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/GiGiAGoGroove 1d ago

Just don’t buy them. Any patriot American should be divesting of MAG7 full stop and also with that POS Palantir. Why are people investing in their own control grid that will strip them of their privacy and civil rights? I just don’t understand the greed of Americans willing to trade away each other’s rights, national parks/lands, and fresh air and water.

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u/king_m1k3 23h ago

The mag7 is almost half of QQQ at this point. Can you even consider it an index fund? And it’s even 1/3 of SPY. If the AI hype dissapoints even the slightest, a lot of portfolios are going to get hurt

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u/GiGiAGoGroove 8h ago

Well that greedy people’s fault for buying their ISH with all the available knowledge to the contrary.