well since my post about ark being ready to implode nearly a year ago it has panned out as thought , even doesnt look like the end of the carnage yet
Ha, watching the ARKK collapse has been great no? There was so much chatter on the FB investment groups in Dec 20-Jan 21 with punters moving their KS over the the Nikko AM ARK fund, strangely quiet now!
Why the schedenfreude man? I guess you missed the 286% pump in 2020
Haha, it was exactly that ‘fear of missing out’ which prompted a lot of people to move their KS over, right at the peak of the bubble. It would be interesting to know what the average returns for the fund are for investors.
Haha, it was exactly that ‘fear of missing out’ which prompted a lot of people to move their KS over, right at the peak of the bubble. It would be interesting to know what the average returns for the fund are for investors.
Yikes! Thanks for the link. That’s for the ETF, but I guess the KS fund will have produced a similar outcome so far, all for a ~1.3% management fee! It’s been a good lesson in FOMO and reversion to the mean..
This sell off feels nasty. I'm pretty much fully invested so have to take my lumps in this round. Yes, I could sell my small allocation of bonds to reinvest but I'm not doing that unless we see a 20 per cent drop or more in the major indexes. Looking at a 5 year chart of the S&P 500, this recent action hardly registers.
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