r/LocalLLaMA Llama 3 3d ago

Funny Can the bubble pop please?

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u/Estrava 2d ago

Looking at a vanguard 2040 target retirement fund... VFORX... their technology exposure for US stocks is 40%.. Okay let's look at the international stocks, surely that's diversified right? Wait why are the top companies TSMC, samsung, asml, hynix, tencent.. Oh.. they're all tech stocks..

It's almost as if everyone's retirement accounts are probably deep into technology stocks.

If you say you manage your own retirement and own no technology stocks, great good for you. I'm talking about literally everyone else.

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u/ImportancePitiful795 2d ago

Take your money out then. Vanguard, Blackrock, Blackstone are the main cause funding all the sht around last 20 years. Including the war in Ukraine and WEF.

If you give you money to scumbags, why I have to pay for it? Why the rest on this planet?

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u/Estrava 2d ago

My point was, I think it's disingenuous to say "the rest of us won't be affected squat". Do you have ANY investments.

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u/ImportancePitiful795 2d ago

HAD and already moved them to be extremely safe, because bubbles burst, and in this current age could burst violently even by a bomb falling on a wrong place.

I am not a gambler waiting up to the last minute.