I came across ARKK and Cathie Wood first because of their presence in crypto. Another day years ago I noticed Elon Musk replying to her on Twitter (one of like 100 people he follows). Again this was several years ago. Few days ago a colleague mentioned her and suddenly I'm seeing her mentioned everywhere I lookARKK has been there since 2014 and it's been a hero only in 2017 and 2020. But those years were so great that it made ARKK a good investment choice, even though the performance is inconsistent. Let's just say it's the volatility of disruptive innovation and as long as there's more upside volatility, it's a good option.
What do you think happens if everyone tried to transfer their stocks to a physical certificate??You CAN make a stock position completely yours by transferring to a physical stock certificate, which moves it from street name to your
name. It becomes truly in your name and immune to losses. On the other hand, there are extra costs in doing that and it will be a pain if you ever want to sell it.
I narrowed it down to ETH and ADA.Ethereum is on a run, wow. But I must admit it's the only crypto I would be willing to buy
Polygon and Cardano now pumping while everything else is downLately I'm buying Polygon because it appears to be the best scaling solution coming to ethereum. It's easier to stake than ETH. If I sell some ETH after this pump cools off I might put more into Polygon. However if Cardano successfully launches smart contracts I will be laser focused on their DeFi projects. User experience is so much better with Cardano and the fees are tiny.
Looks like many are down 10% or more this morning.
Why the big sell off today?
Sometimes we even get "buy the news" when the Fed gives "bad news" that isn't as bad as expectedNow it's just a big correction due to the expectations of rising rates.