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Anonymous
Since I'm still relatively young (23), should I sell my index ETFs and go for growth ETFs such as those offered by ARKK instead?
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Higher expense ratio and volatility but likely higher returns if u have holding power
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In a similar situation I would not sell out of the Index ETF (you'll likely incur some expenses from...
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That's what i did and never regretted it.
I initally invested in VTI as part of my 5 ETF Plan since Feb .
But when it comes to June , my ARKK grew tremendously compared to VTI
As you can see below.
So that's when i decided to sell all my VTI and invest all in ARKK
And now i look back, My 2.949k has grown quite a lot.
But one thing to note is that ARKK is generally quite volatile.
So u have to understand that this is a long term investment to ride through the volatility :)