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

ARK Invest is not the typical passive investing ETF that we are used to. They are not the S&P or Vanguard ETFs and they should not be treated as such.

Investors are effectively betting on the skills of Cathie Wood and her team.

One should evaluate her on how sound her investments thesis are instead of her YTD performance.

She could be a Peter Lynch, she could also be a Bill Hwang. Only time will tell.

I have ARK fund in my satellite portfolio, in which disruptive innovation is a theme I'm investing for at least a midterm time horizon (5 years or more). The recent drop of ARK is a correction from the rapid increase last year. There were tremendous inflow of investor money last year, and some of them are paper hands who will abandon ship when the storm is rousing. I deem this correction healthy and necesary for future growth.

HODL,diamond hand

I am locking in profits and cutting down on ARK funds. Shifting to S&p500. Those ARK that is still underwater, still holding them