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posted 4 years ago by BQnita 4 years ago by BQnita +229 / -0
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▲ 22 ▼
– ILearnedToCode 22 points 4 years ago +22 / -0

You dont choose who buy stocks in your company. I hate vanguard and BlackRock, but they invest in every single public company. All of them. So do I just fuck off from all of the companies they invest in?

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▲ 12 ▼
– basilpesto 12 points 4 years ago +12 / -0

This is a misunderstood area.

A lot of people invest in Vanguard or BlackRock products like ETFs, mutual funds, etc. Some choose to, some have to (limited offering in their 401Ks, IRAs, etc), or they entrust their financial wellbeing to a typical Financial advisor.

If you would like to track the S&P 500 you could invest in the Vanguard ETF : VOO — if you look at the basket of stocks, all the big cap names are there.

So it’s not like Vanguard or BlackRock specifically own for themselves, they are using your money to own these baskets. Then you vote on company matters via Proxy which I highly doubt is ever correct or accurate.

It’s better for you to just own the company stock yourself, and not give your money to these large institutions. Do your research, and invest accordingly.

It’s stupid that a lot of people entrust their money to Financial Advisors, 99.9999% of them are useless imo.

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▲ 6 ▼
– SomeRandomGuy77 6 points 4 years ago +6 / -0

If financial advisors had good financial advice, they'd have retired at 25 from following their own.

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▲ 3 ▼
– Somebeach 3 points 4 years ago +3 / -0

Yeah, folks need to find out what 'Blackguard' is really up to: https://childrenshealthdefense.org/defender/blackrock-vanguard-own-big-pharma-media/

They tried to oust Elon as CEO of Tesla in 2018 and the measure was defeated...

There is Major Rothschild, Rockefeller, Gates and Bush family money behind these two companies...

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▲ 3 ▼
– KickingPugilist 3 points 4 years ago +3 / -0

Oust elon as CEO of Twitter? You mean Tesla?

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▲ 1 ▼
– Somebeach 1 point 4 years ago +1 / -0

I meant Tesla, sorry.

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▲ 1 ▼
– GaIIowBoob 1 point 4 years ago +1 / -0

They are trying to oust him again now. Quietly having SEC and DOJ go after him

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▲ 5 ▼
– cyberrigger 5 points 4 years ago +5 / -0

..... like Disney?

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▲ 5 ▼
– MakeAmericaWinAgain 5 points 4 years ago +5 / -0

No… like Disney x100

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▲ 3 ▼
– Mountaing8 3 points 4 years ago +3 / -0

Pretty much. That's why people say go local.
But then there is the Depository Trust Co. that someone brought up a few days ago. At 55 Water St NYC (5:5, watch the water?) They are supposed to own all the banks or something. They are said to have cleared $1.6 quadrillion last year. This kind of consolidation corrupts absolutely. We will probably need to unite as a planet, but not under these predators. House cleaning comes first.

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▲ 1 ▼
– SoMuchWinning45 1 point 4 years ago +1 / -0

Buy GME shares through your broker, then DRS them. Takes them out of the broker/DTCC pool, changes it from street name, which is basically your broker, and transfers it to Computershare, where your name is put on your shares. Those shares are then in your name, and cannot be lent out by anybody.

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▲ 2 ▼
– jfunction 2 points 4 years ago +2 / -0

Who owns Vanguard? Who owns BlackRock?

We the people.

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▲ 3 ▼
– Somebeach 3 points 4 years ago +3 / -0

https://childrenshealthdefense.org/defender/blackrock-vanguard-own-big-pharma-media/

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▲ 3 ▼
– Oblakhan 3 points 4 years ago +3 / -0

You can own shares in their funds, and you can own shares of Blackrock, but Vanguard is a private held company. In addition Vanguard is the largest shareholder of Blackrock.

The hidden enemy owns Vanguard and you aren't privy to the ownership break down of Vanguard.

They don't use their own money to control the world. They use ours. Their laws restrict what most people can do with their money to most of the retirement savings is under their control in some form or other. Lots of those laws need to be changed to allow the public the opportunity to create more personal wealth but as with everything else they have convinced the sheeple those laws are there to protect them and keep them safe. The reality is it protect them from you gaining power by shedding their debt slavery.

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▲ 1 ▼
– ILearnedToCode 1 point 4 years ago +1 / -0

No

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