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A comment on The wealth of the 25 richest families in the world soared 43% in the last year. Parent comment

Re:The wealth of the 25 richest families in the world soared... by lucaspm98 on Friday December 08, 2023 @12:19PM (#38571487)
My wealth rose by 100% last year, as I was saving throughout the year from near zero while matching these returns with low fee ETFs everyone has access to.

I personally believe many of these dynasties do have some unfair and systematic advantages, but this article doesn’t have evidence to support that conclusion.

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Re:The wealth of the 25 richest families in the world soared... by jzb on Friday December 08, 2023 @01:13PM (#38572172)
"everyone has access to"

If you don't have money to put into an ETF, you don't have access to it. "Just invest your money" is not a helpful response to people who live paycheck to paycheck.

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Re:The wealth of the 25 richest families in the world soared... by kwhitefoot on Friday December 08, 2023 @03:34PM (#38573943)
Is ETF just a new term for a tracking fund?
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Re:The wealth of the 25 richest families in the world soared... by creer on Saturday December 09, 2023 @02:09PM (#38584816)
Not new. Used to be tracking funds. Now is any fund that's openly traded during the day as opposed to bought and sold from the fund company.
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