• Asafum@feddit.nl
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    3 months ago

    I don’t unfortunately. I hope I’m not blindly spreading misinformation but it was a comment from another user who was pushing back on the idea that vanguard supports Trump in any way. They were saying it was essentially what I said, just picked up by vanguard as it hit some high mark.

    • elliot_crane@lemmy.world
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      3 months ago

      No worries. Personally based on my experiences, Vanguard funds are pretty well managed and even the riskiest funds wouldn’t be over indexed on a given stock.

      For instance, with $VOOG, only three out of the over two hundred holdings are over 10% by weight. Companies like Amazon, Meta, and Google didn’t even make the cut for 10%. Even if $DJT was included in a Vanguard fund, I would be surprised if the shares of that fund moved significantly in response to $DJT losing value.

      Obligatory: I am not a licensed financial adviser, this comment is my opinion and should not be considered financial advice.

      • Corkyskog
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        3 months ago

        It mainly impacts things like indice funds that automatically pickup stocks when they hit certain metrics.