So much undeserved hate for Cathy Wood lately
$ARK Innovation ETF(ARKK.US$ as the name implies, is an ETF for innovative stocks.
Given the current macroeconomic threats, of course innovation is penalised. The threat from the Federal Reserve to increase interest rate will cause technology and innovative stocks to suffer big time.
Given the current macroeconomic threats, of course innovation is penalised. The threat from the Federal Reserve to increase interest rate will cause technology and innovative stocks to suffer big time.
What Cathy Wood did right was to buy those innovative stocks (like $Tesla(TSLA.US$ ) many years ago when they were dirt cheap. Now we are in for a ride down and there isn't a way to hedge against deflation unless the ETF's name is changed. She wasn't always right though, $Palantir(PLTR.US$ is the case in point.
In the short run (until the FED has made/announced their rate hike on March 16) , all the technology stocks are becoming more and more like value stocks, improving the potential returns.
However, this is all for short term traders. For long term investors, always DCA. DCA has been proven to be the most important strategy that outperforms 95% of traders.
As usual, DCA is the best strategy in the long run. ![]()
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Celestinel : I’m not convinced this company is the next big thing. Sorry. It will be worth less than the DPO by week’s end. Sometimes there is no coming back…
Celestinel : the plan is to buy as low as possible
70763825 : Hate Biden and Powell pls. 100% useless, can’t get anything done, not even boost stocks as trump did.
Daniel Alexander : would someone please tell Cathy Wood that just because she can use the word DISRUPTIVE in a sentence, that does not make her a successful long term investor.
Business InvestorOP Daniel Alexander: Well she did 4x her portfolio in a year. Only to lose all of it in the following year.