Key insights
- The post reflects retail investor concern about market overvaluation, IPO exposure, and index composition. It highlights a desire for customizable ETFs or investment platforms that allow users to modify index holdings, suggesting potential demand for such products. However, the overall impact on US equities is slightly negative, reflecting risk aversion and potential selling pressure from retail investors.
That's the whole post. I want to make sure I don't get lumped into garbage companies, and I'd like to reduce exposure to some other companies and sectors. I especially don't want to be exit liquidity for some upcoming IPOs.
The market is feeling less rational and some companies seem waayyyy overvalued. And just like 99% of the reddit posts I see, I want to make sure I don't get forced to buy SpaceX.
What's an investing platform to do this? I know there are some ways to try to get around this with a bunch of other ETFs combined, but I'd rather have a single place where I can take an index/ETF and modify it myself.
Any advice?