Quote:
Originally Posted by wustin
Anyone have any positions in ARK ETFs? I'm considering just going balls deep next Tuesday and saving some money for ARKX.
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I bought some ARKK sometime 4Q 2020 because of all the good news they had. I've started adding more. It's not quite a "core" position yet but it's no longer just in my fun portfolio either.
To me Tech is the place to be for the next 2-5 years. In another post, I stated I was more of a dividend grower guy (VDIGX, SCHD) but Tech did so well last year, under such uncertainty and economic mess, that I am becoming more of a tech Growth (vs Value) guy.
The question now that I'm asking is do I go for the more traditional Tech (like VWUSX) or the newer, up-and-coming Tech (like ARKK). I think I feel more comfortable with traditional like VWUSX.
FWIW - check ARK funds portfolio holdings (morningstar.com). Many ARK funds have a lot of Tesla (like 10%). One of their funds also has a lot of GBTC (bitcoin trust).