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A comment on The Stock Market Is Shrinking. Parent comment
When you invest in the SP500 and companies drop out of it, your investment in those companies ALSO drops out.
And the publicly stated "return" of the SP500 takes this into account.
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When you invest in the SP500 and companies drop out of it, your investment in those companies ALSO drops out.
And the publicly stated "return" of the SP500 takes this into account.