Launch HN: Enombic (YC S20) – Create your own stock indexes

Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by bww on Thursday February 25, 2021 @02:11PM (#26266835)

I think OP's concern (which I don't necessarily share, but which I think is valid) is that indexes are generally considered to be relatively safe investments but if you're personally choosing the securities in the "index" you're essentially just choosing individual stocks, which is generally considered to be a bad idea for most people.

So it could be argued that you're essentially presenting choosing individual stocks, a highly risky investment strategy, as index funds, a different, much more conservative kind of investment.

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Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by doggosphere on Thursday February 25, 2021 @03:03PM (#26267523)

Who cares? We put warning labels on cigarettes, we even tax them to offset the social cost of the badness of them. But we still have the freedom to consume them if we so choose.

Risky investments are the same. We don't need overbearing protectionist policies other than to ensure people aren't being outright cheated/scammed.

If the kids want to YOLO GME, who are we to say otherwise.

[ Parent | on HN ]