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🛒 Instacart IPO disappoints versus S&P 500 returns 📉

Instacart opened at $33.70, up 12% from $30 IPO price 💹

But S&P 500 returned 13% since Instacart's last funding 😬

Moral of the story? Passive index investing beats picking individual stocks 💡

S&P 500 diversifies risk across 500 large US companies 📊

While Instacart faces growing competition in grocery delivery 🥬

Passive investing for the win! 🏆🙌

#passiveinvesting #indexinvesting #stockmarket #investingtips #sp500 #instacart #instacartipo #ipofail #wealthbuilding #personalfinance #passiveincome #investingstrategy #investmentadvice
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RYD date created : 2023-09-27T22:27:07.962504Z
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