The Truth About Losing 60% on ARKK ETF

ARKK Invest lost me 60%! In this video let's discuss the reason behind ARKK ETF and also look at two other growth ETFs that might be likely contenders to ARKK ETF.
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Chapters of ARKK Invest
00:00 Introduction
01:54 Holdings of ARKK
04:20 Losing Money with ARKK
05:12 Better Growth Fund 1
07:20 Fund 1 VS ARKK
08:19 Better Growth Fund 2
09:12 Fund 2 VS ARKK
11:25 True Cost of ARKK

#arkk #arkinvest #topETFs

One of our awesome subscribers wrote in and said: “Hey Bob, during the hype of 2021 I bought into ARKK ETF because everyone seemed to be saying it’s the best. Instead of doing my own research I jumped and bought in. Now I’m down a little over 60% of my value. Is there a better growth fund to consider?”

YES. YES. And YES x60%…

See there is a lot of discussion around Cathie Wood and her ARK Invest firm. ARKK is the Innovation ETF that aims to invest in companies that have a lot of upside potential. This isn’t about trying to make your portfolio grow a lot of money. It’s about offering disruptive innovation-style stocks. Cathie Wood has said that herself.

But as we look at the 52-week trend ARKK was at $126.32 and is now currently at $46 per share. If someone would’ve bought on the high of $126, they are hurting quite a bit right now.

That’s a 62% decline.

The problem we face is HOW do we get a better growth fund that can make us wealthy long term AND doesn’t end up costing us a fortune? THAT is what’s going on in this video. Also, let me know down in the comments if you ended up losing out on ARKK, and what was your percentage?

What are your thoughts on VUG or QQQ vs ARKK ?

Yours,
Bob

*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.