Sector expertise It is possible say which fund families is relatively good at certain sectors. Funds performance are heavily rely on concept of fund manager. Unfortunately, mangers come and go, many lasted only 7-10 years. Of course, there are some last and become guru. For now, real estate sector, BREFX is the king in the last 5 years.
Digging into Ark Innovation's Portfolio ARKK is not for investors, it is a pure momentum play. Investor will identify a good stock with potential to put money in. Gambler will have to know when to get in and get out. I started getting into ADNPX managed by Cathie woods 8 months ago, made handsome of money. Eventually getting out and completely out yesterday. Tried to be investor with this fund but couldn't make it. I suspect this ARKK thing has lost momentum will be out of fashion for sometime. Will see. Lately, financial sector is in trend. ARKF (fintech ETF) peaked on 2/16/21 at 64.49, future as is of this moment 57.11)
Digging into Ark Innovation's Portfolio 1) There were a lot of could's, possibly's and potential's in this analysis.
2) ARKK holds less tech stocks than the S&P 500
3) There is little doubt that the fund and possibly the fund manager are riding a wave. What will happen next is all speculation and guess work.
4) Weren't growth stocks supposed to be toast 1-2-3-4-5-6-7-8 (and maybe more) years running? Maybe this will be the year.
IRS tax program updates info I had a problem with TT Home & Business. Last year I made a QCD after I turned 70.5, but not 72. There was no way to make the QCD a tax free distribution until I increased my age a few years. I then was able to enter the QCD properly. After finishing, I put my correct birthday back in. That worked. Thanks to the TT forum.
I hope TT fixes this as this will happen to me this year too, and then others thereafter.
Did anybody receive 1099 form for IOFIX? Hey all... a bit off topic (sort of)... but I still own PONAX and IOFIX came across my radar and have read a lot of positive comments on this board about it. It's performing just fine or better than fine in 2021... but did anyone here have palpitations in 2020 when the 1 year return was -9.59%? with the ER at 1.68%? I'm not being snarky... just trying to understand the logic of why you believe in it LT. Reviewed FD's chart showing the fund's momentum and it was logical. #IStrugglewithBonds and understanding the ballast / importance if you ignore 2008-which, hard to believe, was 13 years ago.