• 0 Posts
  • 4 Comments
Joined 2 years ago
cake
Cake day: June 22nd, 2023

help-circle
  • Draupnir@lemmy.worldtoTechnology@lemmy.worldBoycott Tesla.
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    19 days ago

    Some could be low investment (~2%) if it is an S&P 500 index fund, but others that rely more on tech/growth stocks could be 5-10% or more. Retirees in drawdown phase (withdrawing 4% annually, or $9,000-$10,000) are extra vulnerable to sequence-of-returns risk—early losses lock in lower balances. A boycott-driven Tesla slump in 2025 could force sales of depressed assets, amplifying losses.


  • Draupnir@lemmy.worldtoTechnology@lemmy.worldBoycott Tesla.
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    8
    ·
    edit-2
    19 days ago

    Funny how the people who want to tank Tesla are causing self injury. 401(k) accounts and nearly every major retirement fund are invested into $TSLA. These dumb shits think they are doing something for the world because “Orange man bad, and now Elon bad” and they get to reap the rewards of reducing their own retirement accounts. Well-done.