I don’t even have access to a NASDAQ fund in my 401K. You have to go out of your way to buy the NASDAQ 100, QQQ and /NQ or /MNQ futures are the most popular instruments for getting exposure.

I have a tiny minute slice of SPCX from owning VTI total market ETF but my 401K holds no SpaceX.

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malfist 3 hours ago | parent | next [-]

Okay? Just because you don't have access to that investment vehicle doesn't mean others aren't using it. What type of reasoning is this? "I, personally, am not too badly effected, therefore it's not a problem"

And guess what, your VTI which does track NASDAQ as part of it's index is effected by this inclusion rule.

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danielmarkbruce 3 hours ago | parent [-]

His reasoning is valid. Compared to the S&P500, it's a small sum of money. Most people aren't buying a fund that tracks that nasdaq index. The total effect isn't that large.

	▲	malfist 2 hours ago \| parent [-]
		His reasoning isn't valid. Not only is he wrong that it doesn't impact him, because VTI is impacted, but the whole premise is wrong. "I'm not harmed" does not mean things are fine. If I go murder your neighbor, will you come to my trial and demand I go free because you weren't harmed? Should the judge let me go because he wasn't harmed?

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stackghost 3 hours ago | parent | prev [-]

>QQQ and /NQ or /MNQ futures are the most popular instruments for getting exposure.

QQQ tracks the Nasdaq 100. It's an index fund. If the index includes a new ticker, then QQQ has to buy it.

Buying QQQ doesn't seem like going out of one's way. I don't understand your comment. "ETFs and chill" is a very common investment strategy.

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lokar 2 hours ago | parent | next [-]

You could buy QQNE :)

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quickthrowman 3 hours ago | parent | prev | next [-]

There’s an order of magnitude more money indexed to the S&P 500, you have to go out out your way to buy QQQ since NASDAQ 100 and total market funds are uncommon in 401K options for employees.

QQQ is more volatile and higher risk than the S&P 500, the people buying it should understand that.

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tjwebbnorfolk 3 hours ago | parent | prev [-]

And who is forced to buy QQQ?

	▲	lokar 2 hours ago \| parent \| next [-]
		Many retirement accounts have limited options, leaving few passive index options. I sort of doubt many would offer qqq but not s&p, but it’s possible
	▲	stackghost 3 hours ago \| parent \| prev \| next [-]
		I'm not sure why that's relevant. The original discussion was about who's forced to buy NDX 100 stocks like SpaceX. The answer to that is "index funds". Asked and answered. Whatever cute point you're trying to make is rendered moot by real market dynamics and index inclusion rules.
	▲	wredcoll 2 hours ago \| parent \| prev [-]
		Why was musk/spacex so interested in having the rules broken to include spacex stock? Do you think maybe there was a reason that involved musk benefitting??