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time to move some of my 401k allocations, cuz a big slice of the sp500 pie is heavily invested on AI
You are not the first person I've heard share that sentiment!
why though
the s&p is an index weighted to match the top 500 companies, so the bigger companies get more money put in to their stocks. if most companies aren't doing great and a few tech ones are "holding up the market", then most of the money in your s&p indeed will be with them
Good point, it is I who is the fool.