The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: iwantfreedom on August 15, 2017, 12:07:12 AM
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Hello,
I'm not changing my world view after reading one article but here an article that may be of interest, friends: https://www.ft.com/content/8720939e-7e82-11e7-9108-edda0bcbc928 (https://www.ft.com/content/8720939e-7e82-11e7-9108-edda0bcbc928) (It should be free).
"What may have been a clever idea in its infancy has grown into a blob which is destructive to the growth-creating prospects of free-market capitalism.” Says someone who is probably feeling the squeeze.
I'm not too informed about economics but a lot of the content in this article is in stark contrast to general MMM philosophies.
Not all money is in ETFs and index funds, but I wonder what the implications will be when even more is concentrated in these buckets. Any ideas?
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Paywalled
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Paywalled
Thanks. Not surprised. I don't automatically think of someone with seven posts as a "friend". Feels presumptive. Think I'll flag this and let the mods decide.
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Unfortunate, sorry! The link worked for me and I don't subscribe FT.com. I guess the post should be blocked.
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That article was cross-posted to the Irish Times, so if you haven't already viewed your ten IT articles this week (I assume most of you won't have :) ), you can also read it there: https://www.irishtimes.com/business/financial-services/record-etf-inflows-fuel-price-bubble-fears-1.3185508 (https://www.irishtimes.com/business/financial-services/record-etf-inflows-fuel-price-bubble-fears-1.3185508)