Hi, any thoughts on this portfolio for the next 20 years. Not adding new stocks or ETFs, just growing these: DIS AAPL MSFT V NEE JNJ PG HD LMT SCHD ARKF ARKK ARKG?

Honestly, the individual counters can just be replaced with CSPX/VOO.

I would avoid SCHD

Then put majority into ARKK,ARKF, ARKG and even consider ARKW.

TL;DR - I like ARK

Hi there,

I will just comment on ARK.

Personally, I am invested in ARK mainly for their unique approach to innovation and technology investing.

I have been with ARK since last year when Wall St. was bashing Cathie Wood and Tasha Keeney for their lofty $15,000/2024 bull case Tesla price target. Look where is Tesla right now. Beating investor's expectations, recording higher deliveries, releasing FSD beta, soon to be mining lithiums, beats everyone else in battery technology, claimed patent in tab-less batteries, dry electrons, and whatnots.

Now if we really set in, investing in innovation has been the longest time with us, dating back to the industrialization era. When the industrialization revolution boomed in Britain, it was essentially innovation taking place. Manufacturing, production, and processing get more efficient, cheaper, and faster.

Same thing as what we are witnessing right now. During a crisis, innovation and technology get cheaper, more efficient, cheaper because of widescale adoption, and companies having to change their business model to adapt to underlying structural changes.

Companies that survived Covid-19 are those who take technology and innovation seriously in their business models. They are able to cope with supply chain issues, utilize robotics in their production process, etc.

Do take some time to watch Cathie Wood's podcast on YouTube. She makes a compelling case for the use of innovation and technology, especially in the five arms that her firm is committed towards. We are now witnessing a fifth revolution that is far more exponential in terms of growth and potential as compared to the past four we had. This is because all these new innovations and technologies are inherently intertwined, they leverage each other capabilities and outputs to create something that we have never seen before, and solve real problems (climate change, health, decentralized banking, etc.)

Aside from its investment approach, ARK operates in a unique cross-industry/sector organization where each team consists of different analysts with different research niche. E.g. A team working on Tesla may consist of battery experts, automaker experts, graphic chips expert, autonomy expert, etc. This is because innovation penetrates all sorts of traditional sectors that we are seeing now

Innovation solves our problems, and it is here to stay.

Disclaimer: This is not investment advice nor promotion for specific products, just my two cents worth :)​​​