LAZR
yall kill me with this hate for these expense ratios like they're any significant cost, especially for funds growing 20%+/yr. you throw 5k in ARKG for a year @ 30% return (return is actually way higher, i'm being conservative), you end up with 6500 and pay $37.50 in fees - that's one DD deliveryyeah it's been good. i just can't get myself to paying that expense ratio. it's low but when i see an expense ratio i just can't do it.
You could just buy their top holdings in it. But should monitor it every so often.
I’m trying to build up my cash position right now but seeing Arkg flying in the mean time is killing me.
yall kill me with this hate for these expense ratios like they're any significant cost, especially to funds growing 20%+/yr. you throw 5k in ARKG for a year @ 30% return (return is actually way higher, i'm being conservative), you end up with 6500 and pay $37.50 in fees - that's one DD delivery
People will pay 20% in DD fees for some damn food but won't pay .05-.75% to a fund that's making them money hand over fist
So as a newer investor the biggest thing im currently struggling with is when to buy more shares.
I keep seeing the "dont buy at the high" "wait for a pullback" but all the shyt i want keeps running up so even if i wait the "pullback" price might be higher than what the current high is now
I know i could DCA but i dont wanna mess up that nice cost basis i have
that's exactly what i do with these ETFs. i just check what's doing well and buy those separately.
i rather just look at the top holdings and not pay the expense ratio. it's just one of those things i can research on my own and not pay anyone so don't want to bother with any fees. it's the same logic as to why i wouldn't pay someone to invest for me. plus ark release their holdings to the public so you can see what they're investing in.
i get what you're saying but you're also paying for timing, analyst and insider knowledge. all of which means more ROI. the set it and forget nature of it all is appealing to a lot of folks.
This stock market shyt is too easy
burrrr
Now the real question is how the fukk does the average person only annualize 6-7%
DCA or swing tradeSo much for a pacb dip