▲ 851 ▼ SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortune (fortune.com) submitted 3 months ago by sanitation@lemmy.today to c/technology@lemmy.world 176 comments fedilink hide all child comments
[–] Nighed@feddit.uk 6 points 3 months ago (8 children) No idea how US pensions work..... But can't you change the funds? I sold the default fund and moved it into non US stuff. permalink fedilink source parent hideshow 8 child comments replies: [–] triptrapper@lemmy.world 8 points 3 months ago (6 children) Many employers offer to match the employee's contribution to their retirement fund up to a certain amount, but the employer gets to pick which funds are available. Anyone can open their own IRA (retirement fund) but they won't get that employer match. permalink fedilink source parent hideshow 6 child comments replies: [–] Nighed@feddit.uk 2 points 3 months ago (5 children) Why would the employer care which funds are available though? Here, the employer picks the provider and default fund, but you can change it to anything the provider offers. (Although most don't) permalink fedilink source parent hideshow 5 child comments replies: [–] Corkyskog@sh.itjust.works 2 points 3 months ago (1 child) The only option I have is to shift into international markets and even that isn't too much of a shield as many of those have US allocations that will be buying SpaceX permalink fedilink source parent hideshow 1 child comment replies: [–] triptrapper@lemmy.world 2 points 3 months ago Oh god damn it. permalink fedilink source parent [–] jj4211@lemmy.world 2 points 3 months ago So I thought I had that setup, but it so happens that I ended up with two 401ks at the exact same provider via two different companies, and there are different options between the employers. I don't see a particular pattern as to why one would be different from the other, but they are... permalink fedilink source parent [–] triptrapper@lemmy.world 1 point 3 months ago Sorry, it's the same as you're describing. The employer doesn't decide which funds are available, the bank does. I'm thinking back to my last job and there were only about 10 funds to choose from, but I couldn't tell you who was responsible for limiting the options. The bank might have offered a "retirement benefits package" to the employer to simplify things. Not sure. permalink fedilink source parent [–] Valmond@lemmy.dbzer0.com 1 point 3 months ago Because the employer can get the money back I guess! permalink fedilink source parent [–] spicehoarder@lemmy.zip 4 points 3 months ago If only you could change the currency it's held in. I have little faith the dollar will be accepted by anyone when I'm retirement age. permalink fedilink source parent
[–] triptrapper@lemmy.world 8 points 3 months ago (6 children) Many employers offer to match the employee's contribution to their retirement fund up to a certain amount, but the employer gets to pick which funds are available. Anyone can open their own IRA (retirement fund) but they won't get that employer match. permalink fedilink source parent hideshow 6 child comments replies: [–] Nighed@feddit.uk 2 points 3 months ago (5 children) Why would the employer care which funds are available though? Here, the employer picks the provider and default fund, but you can change it to anything the provider offers. (Although most don't) permalink fedilink source parent hideshow 5 child comments replies: [–] Corkyskog@sh.itjust.works 2 points 3 months ago (1 child) The only option I have is to shift into international markets and even that isn't too much of a shield as many of those have US allocations that will be buying SpaceX permalink fedilink source parent hideshow 1 child comment replies: [–] triptrapper@lemmy.world 2 points 3 months ago Oh god damn it. permalink fedilink source parent [–] jj4211@lemmy.world 2 points 3 months ago So I thought I had that setup, but it so happens that I ended up with two 401ks at the exact same provider via two different companies, and there are different options between the employers. I don't see a particular pattern as to why one would be different from the other, but they are... permalink fedilink source parent [–] triptrapper@lemmy.world 1 point 3 months ago Sorry, it's the same as you're describing. The employer doesn't decide which funds are available, the bank does. I'm thinking back to my last job and there were only about 10 funds to choose from, but I couldn't tell you who was responsible for limiting the options. The bank might have offered a "retirement benefits package" to the employer to simplify things. Not sure. permalink fedilink source parent [–] Valmond@lemmy.dbzer0.com 1 point 3 months ago Because the employer can get the money back I guess! permalink fedilink source parent
[–] Nighed@feddit.uk 2 points 3 months ago (5 children) Why would the employer care which funds are available though? Here, the employer picks the provider and default fund, but you can change it to anything the provider offers. (Although most don't) permalink fedilink source parent hideshow 5 child comments replies: [–] Corkyskog@sh.itjust.works 2 points 3 months ago (1 child) The only option I have is to shift into international markets and even that isn't too much of a shield as many of those have US allocations that will be buying SpaceX permalink fedilink source parent hideshow 1 child comment replies: [–] triptrapper@lemmy.world 2 points 3 months ago Oh god damn it. permalink fedilink source parent [–] jj4211@lemmy.world 2 points 3 months ago So I thought I had that setup, but it so happens that I ended up with two 401ks at the exact same provider via two different companies, and there are different options between the employers. I don't see a particular pattern as to why one would be different from the other, but they are... permalink fedilink source parent [–] triptrapper@lemmy.world 1 point 3 months ago Sorry, it's the same as you're describing. The employer doesn't decide which funds are available, the bank does. I'm thinking back to my last job and there were only about 10 funds to choose from, but I couldn't tell you who was responsible for limiting the options. The bank might have offered a "retirement benefits package" to the employer to simplify things. Not sure. permalink fedilink source parent [–] Valmond@lemmy.dbzer0.com 1 point 3 months ago Because the employer can get the money back I guess! permalink fedilink source parent
[–] Corkyskog@sh.itjust.works 2 points 3 months ago (1 child) The only option I have is to shift into international markets and even that isn't too much of a shield as many of those have US allocations that will be buying SpaceX permalink fedilink source parent hideshow 1 child comment replies: [–] triptrapper@lemmy.world 2 points 3 months ago Oh god damn it. permalink fedilink source parent
[–] jj4211@lemmy.world 2 points 3 months ago So I thought I had that setup, but it so happens that I ended up with two 401ks at the exact same provider via two different companies, and there are different options between the employers. I don't see a particular pattern as to why one would be different from the other, but they are... permalink fedilink source parent
[–] triptrapper@lemmy.world 1 point 3 months ago Sorry, it's the same as you're describing. The employer doesn't decide which funds are available, the bank does. I'm thinking back to my last job and there were only about 10 funds to choose from, but I couldn't tell you who was responsible for limiting the options. The bank might have offered a "retirement benefits package" to the employer to simplify things. Not sure. permalink fedilink source parent
[–] Valmond@lemmy.dbzer0.com 1 point 3 months ago Because the employer can get the money back I guess! permalink fedilink source parent
[–] spicehoarder@lemmy.zip 4 points 3 months ago If only you could change the currency it's held in. I have little faith the dollar will be accepted by anyone when I'm retirement age. permalink fedilink source parent