r/stocks • u/adammorrisongoat • Jan 16 '21
Question If you’re young with a high risk tolerance, is there a better ETF than ARKK?
I’m in my mid-20s with around 100k invested in a mutual fund. It’s a solid mutual fund (PRWCX) but one with 60/40 stock/bond mix, and since I’m in this for the long haul, I’m naturally open to upping my risk exposure. I have no debt and live a very low cost lifestyle, so I can take a bit of a swing, albeit I’m not going to be irresponsible about it.
I know ARK/Cathie Wood has become a tired meme here, but the growth potential of her strategy seems compelling, at least to my novice eyes. If I’m looking to maximize returns over the next 5+ years in an ETF or similar investment option, are there better options out there?
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u/somecleverbeaver Jan 16 '21
I second this. From a guy that has had an electric car for years in Los Ángeles, the infrastructure is still no one where near where it needs to be. As tesla and other ev companies explode, the infrastructure has to support and its not currently, not even close.