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His Company Joined the S&P 500. His 401(k) Started Buying More of It Without Asking Him.
The move can add to already concentrated holdings from RSUs and ESPP shares, while S&P 500 funds buy mechanically, analysts said.
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His Company Joined the S&P 500. His 401(k) Started Buying More of It Without Asking Him.
The post His Company Joined the S&P 500. His 401(k) Started Buying More of It Without Asking Him. appeared first on 24/7 Wall St.. Picture an engineer at a public company opening his 401(k) after learning that his employer is joining the S&P 500. He already receives restricted stock units (RSUs), buys discounted shares through an employee stock purchase plan (ESPP) and depends on the company for his paycheck. Now the S&P 500 index fund in his re…
·Lakewood, United States
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Total News Sources3
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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