UnitedHealthcare Value Drops $41.6 Billion in Week After CEO Brian Thompson’s Slaying. - eviltoast
  • aesthelete@lemmy.world
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    3 hours ago

    That’s likely most 401ks. They’re a very large company so they’re going to be in just about every stock market index fund available. The classic advice for 401ks is to use index funds because their fees are so much lower than managed funds, and you can follow your portfolio by following the S&P 500 instead of having to worry about what particular stocks a fund manager picked.

    Fund managers also tend to do worse than the market more generally, because a lot of them are really bad at their jobs.