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#1 $ARKG Genomic Revolution

#2 $ARKQ Autonomous Tech & Robotics

#3 $ARKF Fintech Innovation  

#4 $ARKW Next Gen Internet  

#5 $ARKK  Innovation  


Comments

Anonymous

Just curious, why don’t you like ETF’s?

InvestAnswers

Good Question Taj - I don't dislike but I woudl not but. Reasons are they hold cash, they vary holdings, they hold weak stocks, winners are limited in % of holdings, and mostly I like to pick best names in a sector and not a basket of laggards, but that being said, if there is a big event and you want to make a short term trade on an industry eg Airlines - then I play options on ETFs such as JETS.

Anonymous

I see, thanks for your helpful answer. 😀

Anonymous

The gains on these funds have been beautiful this past year. I hold ARKG as I want exposure to genomics stocks but not sure what specific companies to invest in, so I let Cathie and her team do the hard work for me :-) They'll also be releasing an ARK space exploration fund in the coming months.

Anonymous

I HODL all of these in my IRA account, and the returns are truly great!

Anonymous

Not a big fan of themed based ETFs either. The expense ratio on these ETFs are hefty and can add up when you're holding them long term, that's a big downside that people should take into consideration in my opinion.

Anonymous

Sure, 0.75% is not cheap; but look at the returns. We buy GBTC in IRA with a 2.0% fee or ETHE at 2.5%; but in light of the returns I am not gonna say I'm not buying because the fees are too high :)

Anonymous

That's a good point rgbtxus. GBTC and ETHE fees are ridiculous but we dont have much choice if investing from an IRA or 401K. In that case then you might only have access to ETF exposure through ARK to these high growth tech stocks. So you might as well pay the 0.75%. In regards to returns, if you're investing outside your IRA, I prefer to hold the individual stocks and you can build your own portfolio to mimic ARK. Similar to if you're exposure to BTC is outside of the IRA then I think you'd prefer BTC to GBTC.

Anonymous

Couldn't agree more

Anonymous

I split the baby. I subscribe to Lucid which gives easy access all of Cathie's moves and buy and accumulate many of the stocks she holds. I also hold some of all of the ARK ETFs, especially ARKG where I do not believe I can evaluate the companies it holds so I let their team do it for me. WRT GBTC and ETHE, I hold them in my and my wife's IRAs, but I also buy some from time to time outside of IRAs when the premium dips below 6%. I am betting that there will be a reversion to much higher levels when the FOMO picks up. Then I have the option of selling to capture the premium increase and dropping the proceeds in BTC and ETH directly. Of course there are tax considerations to balance. I do expect as competition from new ETFs and trusts come along the crazy high historical premiums in GBTC and ETHE will drift down. If we are ever able to hold coins directly in our IRAs I will waive them good bye. Exactly what service, aside from custody which must have a near 0 incremental cost, do these trusts provide to justify these massive 2% and 2.5% annual taxes?

Anonymous

I see some comments about IRA’s and taxes. You can invest in crypto tax deferred by setting up a self directed IRA. You can set up ann LLC and buy crypto, invest in real estate and grow your portfolio tax deferred

Anonymous

Dude I heard about those self-directed crypto funds. You talking about stuff like itrustcapital right? IA, you got any opinion on self-directed crypto funds vs crypto ETFs?

Anonymous

Would love to get your view on the state of the Share Market. I have been holding off investing anything substantial in shares - as convinced there would be a correction (I've been saying this for the last year!). So I have $$ in the bank that is not working for me - which is not the way to go I know.

InvestAnswers

you are the same way I was - I went all to cash in 2019 (except GOOG ILMN TSLA SQ etc) thinking the market would crash so when it did I went in super hard. Crashes are my favourite things when I am ready. You will see how I jump in.

InvestAnswers

I have an LLC and an IRA and a Roth IRA and a few 401K's.... what I like is trading in these accounts and covered calls with no tax hits.

Anonymous

I'm curious why you felt the market might crash in 2019. Was there a measure you were tracking?

InvestAnswers

I just saw it go from 1000 to 3300 without any real pull back so I felt something was due. Just did not expect C19. It is the same way I time property buys - every 7-9 years there is an event that yields great opps.

Anonymous

I like $SOXX and $SOXL. thesis: semiconductor demand will only increase in the long term

Anonymous

i think 0.75 ER for active mgmt is considered very cheap compare to big funds out there easily 1.5-2%

Anonymous

Was there a post or video that explained why these were ranked in this order? I’m curious why ARKK was listed last...too expensive now?