Hi Blind Fam, Can you suggest which of the below should I go for - if I don't mind risky high growth investments for about 100k and hold for long term ? I really like ARKK. I did research expense vs return for all of them..but not able to pick.I defly want to diversify may be into 3 different domains. Feel free to suggest any other high growth ETFs. SDIV,YYY,KBWD,DVYE ARKK - Cathie wood managed EFT,diverse. CIBR - Ciber security AMLP,OXY - Energy/Petroleum EDIT: Even REITs are good ! I have a list of them, again hard to pick. I am gonna update my post with my picks based on all your inputs so it's helpful for others. Thanks ! #personalfinance #investments #stocks #🏎 #🚀#yolo
If your research on ARKK tells you to buy it then do the research again.
Thanks,will do again..defly looks risky but gonna research more abt Cathie :D I really like the diverse innovation holdings they have. Can you suggest any other high growth ETFs you know ?Even REITs are fine !
Well, ETF is a game of patience and disciplin. There are no ETFs that will make you rich in short span of time. These are meant to be a long term investment. If you're young, start putting some money every week/biweeekly/monthly into one of the low cost index funds. ETF value might go up and down but you should keep putti g money. If you check your account after 10-15 years, you will have substantial gain. This is what called power of compounding. Timing the market is not as important as time in the market. Regarding ETFs, start looking at some basic safe ETFs SPY, VOO, VTI. Look how they performed not just in the bull market but also in the bearish market. All the best. I myself started this in my early 30s but wish I had someone telling me this in my mid 20s.
Thanks for the share. Bitcoin, I agree it can fall. Other things yeh we gotta wait and watch. Arkk/g might fail,one day - that doesn't seem like a great prediction to me. Everything can fall one day 🤷♀️
I work at oxy and I feel like our stock will eventually go towards $100.
ARKK is run by nutjobs. Don't know about the others.
Hmm,so not good for long term hold you think ? I really like the diverse innovation holdings they have.Can you suggest any other high growth ETFs you know ?Even REITs are fine !