nieebel<p><span class="h-card" translate="no"><a href="https://101010.pl/@SceNtriC" class="u-url mention">@<span>SceNtriC</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.social/@WildaSoftware" class="u-url mention">@<span>WildaSoftware</span></a></span> <span class="h-card" translate="no"><a href="https://wspanialy.eu/@maciek33" class="u-url mention">@<span>maciek33</span></a></span> I don't like <a href="https://digitalcourage.social/tags/ETFs" class="mention hashtag" rel="tag">#<span>ETFs</span></a> like MSCI All Country World Index. It consists of 60% <a href="https://digitalcourage.social/tags/USA" class="mention hashtag" rel="tag">#<span>USA</span></a>, 30% <a href="https://digitalcourage.social/tags/bigTech" class="mention hashtag" rel="tag">#<span>bigTech</span></a> and 21% only 4 companies: <a href="https://digitalcourage.social/tags/amazon" class="mention hashtag" rel="tag">#<span>amazon</span></a>, <a href="https://digitalcourage.social/tags/apple" class="mention hashtag" rel="tag">#<span>apple</span></a>, <a href="https://digitalcourage.social/tags/meta" class="mention hashtag" rel="tag">#<span>meta</span></a>, <a href="https://digitalcourage.social/tags/microsoft" class="mention hashtag" rel="tag">#<span>microsoft</span></a></p><p>This means, if you buy MSCI ACWI, you make <a href="https://digitalcourage.social/tags/JeffBezos" class="mention hashtag" rel="tag">#<span>JeffBezos</span></a> richer. He doesn't work like normal person from a salary but instead makes money by selling his <a href="https://digitalcourage.social/tags/Amazon" class="mention hashtag" rel="tag">#<span>Amazon</span></a> shares. Every single investment of 1€ increases the value of Amazon by 4€. </p><p>One of the big problems of most ETFs is the distribution by market capitalization. This favours big stocks and monopoles. Additionally, due to the passive nature of ETFs this increases volatility and makes bubbles bigger and more likely to happen <a href="https://digitalcourage.social/tags/AIbubble" class="mention hashtag" rel="tag">#<span>AIbubble</span></a><br />Another thing to mention is the ETF provider is using the voting right at the stockholders' meeting. This gives companies like <a href="https://digitalcourage.social/tags/blackrock" class="mention hashtag" rel="tag">#<span>blackrock</span></a> huge power. <br />See also <a href="https://homemadefinance.de/etf-nachteile/" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://</span><span class="ellipsis">homemadefinance.de/etf-nachtei</span><span class="invisible">le/</span></a></p><p>[1/2]</p><p><a href="https://digitalcourage.social/tags/ETFsAreNotSustainable" class="mention hashtag" rel="tag">#<span>ETFsAreNotSustainable</span></a> <a href="https://digitalcourage.social/tags/GAFAM" class="mention hashtag" rel="tag">#<span>GAFAM</span></a> <a href="https://digitalcourage.social/tags/taxTheRich" class="mention hashtag" rel="tag">#<span>taxTheRich</span></a> <a href="https://digitalcourage.social/tags/stocks" class="mention hashtag" rel="tag">#<span>stocks</span></a> <a href="https://digitalcourage.social/tags/money" class="mention hashtag" rel="tag">#<span>money</span></a></p>