I'm heading to the depot to buy some lumber. Thought this was more everyday, but prepare to see me in the loss porn thread I guess. At least my stonks are at record highs.
Building? What you want to do is buy and hold lumber right now. Sorry, hodl.What are you building?
I had a shed overhang, to store dirt bikes and a side by side, built last summer. It cost $1000. I’m guessing now it would cost $2000.
Just expanding on a greenhouse. If I had to do the math on the wood I need, probably like 100$ or so in terms of what I spent before, so not a lot. A lot will be plastic siding and concrete.What are you building?
I had a shed overhang, to store dirt bikes and a side by side, built last summer. It cost $1000. I’m guessing now it would cost $2000.
The ARK funds. Let me preface this by saying The ARKs made a lot of money the last 12 months or so. That being said, my personal take is that there is something...off... about them. If it was just me I would shrug it off, but people a lot smarter than me are looking also. For all I know Cathy is some savant genius. I also know she is bucking the system with her style and I sometimes wonder if she is functioning inside an echo-chamber and if there is anyone on her team who speaks out against some of the moves she makes. The latest issue I have is her funds buying her other funds as holdings. This is a real flag for me. I am not trying to be a nay-sayer, but I do advise doing some extra deep due diligence on the ARK funds.
I get this, but this tweet is meaningless. Hey guys this fund holds assets that if nobody wanted to own the prices would collapse. That is always true, it is true for ARK and every single ETF and equity out there. The person just believes it's worth tweeting because they disagree with the current value of those assets. But there is nothing novel here.
There is an underlying issue of ETF giving people the illusion of liquidity beyond the assets they hold, exact same issue exists in Junk bond ETFs. ETFs let large amounts of money flow in and out meanwhile the assets they hold are highly illiquid. That means any kind of dramatic liquidity pullback will see those assets plummet like in a vacuum. As far as exposure from cross fund behavior I think people should consider ARK's total exposure to each name not just the exposure in a particular fund.
ARK does remind me of Janus in the late 90s and it probably won't end well but that could also be 200% from now. I'm out ARK btw forget if I told you that
I made a years return in 2 weeks and have paper hands.Why did you move out of ARKK?
So my 1 share could have split into 2 if I hadnt sold it?Rumor of an AMZN stock split floating around. But at this rate TSLA will lap them and split again
So my 1 share could have split into 2 if I hadnt sold it?
I’m on vacation. What’d I miss?
I’m on vacation. What’d I miss?