Investing General Discussion

Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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ARKK
This is fucking brutal. 30-day chart

1614886714754.png
 
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Sanrith Descartes

Sanrith Descartes

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LachiusTZ said:
I’m living that hell.

Still green overall, but the daily 2% loss is rough.
Click to expand...
One of the people I unofficially provide advice to hates ETFs. The other day I was telling him "I know you hate ETFs, but this new ETF QQQJ gives access to smaller up and coming tech companies". He said I actually bought into an ETF, ARRK this week. I told him the idea isnt to buying after they had their once in a lifetime run. He assured me it will be fine. I literally facepalmed in front of him.
 
LachiusTZ

LachiusTZ

Rogue Deathwalker Box
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Sanrith Descartes said:
One of the people I unofficially provide advice to hates ETFs. The other day I was telling him "I know you hate ETFs, but this new ETF QQQJ gives access to smaller up and coming tech companies". He said I actually bought into an ETF, ARRK this week. I told him the idea isnt to buying after they had their once in a lifetime run. He assured me it will be fine. I literally facepalmed in front of him.
Click to expand...

I am not really worried long term.

I bought into it for a reason, I have the work funds for all the typical ETFs, and ones like you mentioned I buy as well.

But I don't have the time to stay on top of this enough, and I think there is value in the types of investments they are pursuing.

Maybe I take a real ass kicking, but for me the money I've put into the various ark ETFs are a decade investment, not a swing trade.

Btw, finally got 4/5 down to cost. Expecting 4/5 to be red tomorrow. Ark g I got into early enough it is going to be hard for it to go negative
 
Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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LachiusTZ said:
I am not really worried long term.

I bought into it for a reason, I have the work funds for all the typical ETFs, and ones like you mentioned I buy as well.

But I don't have the time to stay on top of this enough, and I think there is value in the types of investments they are pursuing.

Maybe I take a real ass kicking, but for me the money I've put into the various ark ETFs are a decade investment, not a swing trade.

Btw, finally got 4/5 down to cost. Expecting 4/5 to be red tomorrow. Ark g I got into early enough it is going to be hard for it to go negative
Click to expand...
If you like ARKK, check out QQQJ. It has a nice spread of companies and 100 positions so it has good diversity from a numbers perspective.
 
Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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TSLA
in case anyone is wondering about the next support level for TSLA, bring a very long ladder...

1614950829632.png
 
Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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One surprise in the carnage this week has been how well the Comm sector has held up. GOOG and FB etc got dinged, but not really ravaged like the pure tech plays.
 
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