News

23014 readers

11 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago

MODERATORS

[email protected]

379

Tim Walz doesn't own any stocks: What to know about Kamala Harris' running mate's personal finances (www.businessinsider.com)

submitted 3 months ago by [email protected] to c/[email protected]

42 comments fedilink hide all child comments

Gov. Tim Walz of Minnesota is a man of relatively modest means, according to financial disclosures.
In fact, he doesn't own a single stock.
Like other members of Congress, Walz even slept in his Capitol Hill office for some time.

you are viewing a single comment's thread
view the rest of the comments

[–] JackbyDev 1 points 3 months ago

Ah, okay. I don't know how it works in Canada. In the US our 401ks are more like mutual funds. We have a few options we can choose. Many of them track popular stock indices (like S&P 500). Our IRAs can invest directly into stocks though.

I also don't know if you have to invest in the Canadian stock market or can invest in any, but there are definitely ETFs (which you buy and sell as stocks) that track bonds. So even if you can't directly get bonds you can still essentially get bonds.

The scope of this is a little more in depth than I'm prepared to write in a Lemmy comment right now, but you can get many different types of bonds as ETFs. You can get target date ones that are the closest to the traditional bond experience (guaranteed return if you hold until maturation). You can get ETFs that are a mix of government bonds. You can even get ones that are a mix of all types of bonds (including corporate bonds).

All that to say, if you must invest "in stocks" you can still probably get some that are close to bonds.