facebookLosing money in US stock and bitcoin not to mention Singapore stock..my ARKK is down 60%. - Seedly

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Losing money in US stock and bitcoin not to mention Singapore stock..my ARKK is down 60%.

Should I still continue to DCA?

Discussion (4)

What are your thoughts?

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Maybe you can look at a bigger picture. Zoom out and see what is the reason behind for you to invest in ARKK at the first place. Is it due to the hype? Does the ETF and the ETF Fund manager methodology and targets are inline with what you are looking for? What is your end goal for investing in this ETF?

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Do always research in detail on the ETF composition, the ETF purpose and target. Same for your other investments, think about your purpose, target and outlook before you decide if you should DCA.

US stocks: buy more shares of solid companies (e.g. Amazon) at key support levels

Bitcoin: sell and move on

SG stocks: sell and buy REITs instead

Billy

Edited 16 May 2022

Development & Acquisitions Manager at Real Estate Private Equity

I don't think anyone is profiting in such conditions unless they're buying puts / inverse index ETFs. Ultimately its about finding companies that can ride out the supply chain issue + and emerge stronger.

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Growth stocks like those in ARKK's portfolio had done really well in the first half of last year due to the good macro environment where there were very laxed fiscal policies - stimulus checks & monetary policy - quantitative easing. This increased the supply of money within the market, purchasing powers increased.

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But then came the supply chain disruption. This coupled with the news of govt tightening its policies (Quantitative Tightening, cutting back on stimulus checks and thereafter reducing it's balance sheet) which led to prices of goods and services to increase a.k.a inflation.

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With a sudden cutback to additional income and to make things worse, whatever money they have right now can't purchase what it used to. They are forced to reconsider their choices. My $10 can be now used to purchase 5 items instead of 10 items. Which are the 5 items I need to continue my everyday life? Groceries? Petrol for my vehicle? Can I live without netflix? And as an investor, one must hence pivot to companies relating to the 5 items.

Since you already hold to a -60%; it shows the commitment you have for this hype ETF. & since market always breathe in and breathe out (copied from guru Adam Khoo), your time will come... hold the fort!!!

I think that eventually can ride out of the bear market...

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