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Old 06-23-2025 | 04:08 PM
  #941  
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Joined: Mar 2025
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Originally Posted by max8222
You and Frog can hug it out. Think you are more his type. Might want to include Idaho in there, maybe a group hug. He really needs it.

The three of you are probably on draft ASTBY so plenty of opportunity.

sorry max you are wrong again on all accounts. since you like to spread FAKE NEWS and are terrible with your FACTS, you must have a blue line calendar and love DP! (Giggity)

I fly the most beautiful lines, they’re beautiful, and the beautiful lines given to me aren’t modified!

sigmund frog
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Old 06-24-2025 | 07:03 AM
  #942  
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Default Downside of index funds

Originally Posted by TsimShaTsui
Indeed. Not to mention Fred Smith was the second largest holder of FDX stock behind vanguard and in front on black rock. So yeah I would say his voting power on the board was substantial beyond his title of chairman.
Whoa! This is likely the case at so many big companies. Another drawback to the peasants indexing the market in their little account; they collectively have no voting rights, and such conciliations affect politics which end up working against their interests. Like any of us wage donkeys have the time to be involved in local/state/national politics as informed voters, vote our shares, and volunteer for union too! I say this as one who bought into the Boglehead method of dollar cost averaging into index funds in a target retirement date portfolio.
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Old 06-24-2025 | 09:58 AM
  #943  
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Originally Posted by Idaho
Whoa! This is likely the case at so many big companies. Another drawback to the peasants indexing the market in their little account; they collectively have no voting rights, and such conciliations affect politics which end up working against their interests. Like any of us wage donkeys have the time to be involved in local/state/national politics as informed voters, vote our shares, and volunteer for union too! I say this as one who bought into the Boglehead method of dollar cost averaging into index funds in a target retirement date portfolio.
Mutual funds, index, ETFs, Holding Co’s, and individual stocks are all fine. What’s really eroding America are Hedge Funds and private equity. Just my .02
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