top | item 44788203

(no title)

resource_waste | 6 months ago

I probably wouldn't care much about Tesla and Elon, but he scammed his way to become a fortune 500 company which made SPY and my 401k autobuy Tesla.

Buying SPY, my mistake. Being incentivized to put money in my 401k... That is a bit harder to solve.

discuss

order

aeternum|6 months ago

It's actually quite easy to solve, you can calculate how many shares of tesla you own via the index fund and buy an an equal quantity of TSLS.

resource_waste|6 months ago

'Easy'

Well, I didn't know about this. I didn't consider it. I also would then need to spend a non-tax deductible amount on this. And IIRC Tesla entered the Fortune 500 before 2022 when that TSLS started. Then I'd have to actually do the calculation, and continue doing the calculation as SPY/my 401k adjusted each month or so.

'Easy'