How this Ark thing works ? let say I have $ 1k to invest , from where shall I start ?
ARK ETFs
- Thread starter Apollo
- Start date
Apollo
VIP
It is a stock that holds a portfolio of other stocks. You pay a small fee for them to pick good innovative companies for you.
With 1K only, look for commission free brokers (like Robinhood or equivalent brokers in your country), otherwise the commission will eat up too much of your initial investment.
The alchemist
VIP
Chamath is a real G.These two will become the Warren Buffett of the 21st century:
Cathie Wood
Cathie Wood - Wikipedia
en.wikipedia.org
Chamath Palihapitiya
Chamath Palihapitiya - Wikipedia
Follow whatever they do.
So you basically invest the money and let this guys do the job for you and you just have to pay them fees ?
What is the ROI to expect after let say 6 months, do you have any idea ?
Yes. It basically goes with the flow and reads the market. You just gotta know when to jump ship if you notice a concurrent dip.
Apollo
VIP
Nobody can tell what it will be in six months. That is too short of a time horizon. I'd recommend holding for more than four or five years at the minimum.
By the way, big market crashes rarely happen under US Democratic presidencies. So, hope for the best.
Marshall D Abdi
Know you’re place peasant
How can i start this stock thing, is it haram, where should i put my money on?
Apollo
VIP
Saudi Arabia has a sovereign wealth fund that invests in tech company stocks:
Public Investment Fund - Wikipedia
en.wikipedia.org
So unlikely to be haram. I don't see why it should be, nothing harmful about stocks.
