Title. It occurred to me that despite not wanting to support musk or some other American businesses because of their recent change in policies, I’m still holding a stake in those companies.

  • aubeynarf@lemmynsfw.com
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    14 hours ago

    If this bothers you, you can short an amount equivalent to your index fund’s holding. But you’d have to track and maintain parity against the proportional allocation of the index fund as Tesla’s market cap changed and you invested more into the index.

    • hddsx@lemmy.ca
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      12 hours ago

      I’m not sure that works. I was under the impression that shorts were fixed-term contracts and the index funds holdings are longs.

      You can’t “borrow” somebody’s long and sell it and then just… not return it. You are also (IIRC) paying a premium to be able to borrow the stock to sell.