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A comment on 23andMe to merge with VG Acquisition Corp. to become publicly-traded company. Parent comment

Re:23andMe to merge with VG Acquisition Corp. to become publ... by lotsofpulp on Friday February 05, 2021 @10:37AM (#26037444)
Retail investors have no business investing in an SPAC. If you’re not doing your due diligence, you should stick to VOO. There’s plenty of options for people who don’t want to take risks.
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Re:23andMe to merge with VG Acquisition Corp. to become publ... by itsoktocry on Friday February 05, 2021 @08:16PM (#26043211)
>Retail investors have no business investing in an SPAC

It's their entire purpose; to sell to the "retail" public like an ETF.

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Re:23andMe to merge with VG Acquisition Corp. to become publ... by lotsofpulp on Friday February 05, 2021 @08:29PM (#26043297)
That’s true, but I meant that it doesn’t make business sense for retail investors to buy it. They should stick to cheap diversified broad market index funds.
[ Parent | on HN ]