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personalfinance·Personal FinancebylIlIlIlIlIlIl

How do I guard my 401k/investments from trash IPOs?

Basically title. With SpaceX and whatever other fuckery they’re doing to the rules, the rumor is they want (in the US) to make it such that Broken Penis McShitGibbon is allowed to IPO.

The issue I am having is I am reading they want to change the rules so ETFs can start buying in weeks, not years.

So my question: for someone who’s pretty bogleheaded, what can I do to ensure that the funds I’m in don’t gamble on trash inflated valuations? Will I be able to make moves such that I’m insulated from Kaptain Ketamine? Yes you could say every AI stock could suffer the same issues, but I’m specifically worried about these companies that are fiducially questionable (criminals).

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