4 ms·
thank you, what your view for ARK as first investment ?
by BOOSTERHIDROGEN 6y ago
thank you, what your view for ARK as first investment ?
- webinvest 6y agoWhat difference does it make being your first, second, hundredth, or thousandth investment? It depends on what your goals are and how you rank those goals. You’ll probably make more money with ARK funds but you won’t learn as much about picking stocks. Instead you’ll learn about picking ETFs. You’re pretty likely to wake in 10 years in a world you’re happy to live in with ARK funds. Even though that’s not the primary objective like performance is, it can help you sleep better at night. If you’re afraid of a stock market correction happening soon, SHV is likely a better short term holding for you. It’s hard for any meaningful correction to last though with QE firing up the M1 and M2 supplies. Best to only start with money you’re willing to lose so that you have the mental fortitude to ride out the INTENSE volatility you will be experiencing in Ark’s funds.
- BOOSTERHIDROGEN 6y agobetter return than S&P500, but right now its seems so overvalued.
- webinvest 6y agoTell me how you performed your valuation on the ETF
- isthispermanent 6y agoTough to give first time investment advice. You should invest for sure, but what to invest in is largely a matter of risk tolerance and expectations. Ark is much riskier than SPY (S&P 500 Index). My advice would be to invest in SPY and see how you feel after a few months. If you're not losing sleep and are comfortable with the ups and down maybe move into a more niche basket of positions, Ark being one of them.