Hi Guys, A fairly new investor here. What are your thoughts on ARK invest? The market has been pretty wild. Would appreciate if you guys could share some advice
I have two of them in my portfolio. (ARKG and ARKF) but recently my portfolio has been looking pretty bloody and grim. Any suggestions on what to do ?
"If you like a stock at $10, you will love it at $6." - Peter Lynch
The more something drops, the bigger the discount. Your initial thesis on investing in ARK should not have changed so quickly unless something fundamentally significant changed in the business.
"Looking at stock prices is not investing" - Buffett
If the only reason you bought it is because everyone else was buying and it was going up, then you may wanna take sometime to reconsider and read some invest books/watch interviews, podcasts and shareholder meetings to learn first
Same! But if you're convinced that these are still fundamentally good investments, just hold on to them and don't check your account so often. That's what we're doing now 😅
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When the market is flying high, everyone is praising ARK and cheering over Cathie Wood. When the mar...
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