Invest In Disruptive ETFs!

DISRUPTIVE INNOVATION

If you’ve followed Wealthy Joe Investing, you know that I’m a big believer in disruptive innovation.

I believe we are in the beginning stages of a huge technology boom.

Catherine Wood, the founder of Ark Invest, has identified nine transformative technology platforms:

1. Deep learning

2. Digital wallets

3. Cryptocurrencies

4. Next-generation DNA sequencing

5. Battery cost tipping point

6. Autonomous taxi networks

7. CRISPR for human therapeutics

8. Collaborative robots

9. 3D printing

Trying to identify one stock that may be a winner in any one of these trends would be very difficult.  ARK ETFs (exchange-traded funds) allow you to participate without having to select one winner.  The ETFs are comprised of leaders in each technological area.

Here is a list of ARK’s ETFs, with brief information on the platforms on which they focus.  Click on the link for each fund if you’re interested in reading more detailed information on ARK’s website.

  1. Ark Innovation ETF (ARKK): DNA technologies; energy, automation and manufacturing; shared technology, infrastructure and services; technologies that make financial services more efficient.
  2. Industrial Innovation ETF (ARKQ): Autonomous transportation; robotics and automation; 3D printing; energy storage; space exploration.
  3. Web x.0 ETF (ARKW): Cloud computing & cyber security; e-commerce; big data & artificial intelligence (AI); mobile technology and Internet of Things; social platforms; blockchain & peer-to-peer (P2P).
  4. Genomic Revolution ETF (ARKG): CRISPR; targeted therapeutics; bioinformatics, molecular diagnostics; stem cells; agricultural biology.
  5. Fintech Innovation ETF (ARKF): Transaction innovations; blockchain technology; risk transformation; frictionless funding platforms; customer facing platforms; new intermediaries.
  6. 3D Printing ETF (PRNT): An indexed fund designed to correspond to the performance of the Total 3D-Printing Index.

Disclaimer/Disclosure Statement: Information in this article is not intended to be a recommendation to invest in any stock.  Rather, it is presented for readers’ education and consideration when making their own investment decisions.  The author has no position in any of the funds mentioned.

 

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

AI Will Be The Next Monster Trend!

When I first started working at Spear, Leeds & Kellogg in 1995, we were in the middle of the PC Boom.  Companies like Microsoft, Intel and Dell Computer were on fire.

I worked for a great man named Jimmy Morris, and he traded Dell Computer.  As the new trading assistant, I watched Dell go up 5-10% daily.  Dell was a phenomenal investment: over a 10-year period, from 1990 to 2000, it turned $5000 into almost $5 million.

The next big trend would be the Internet.  Once again, I was in a great position, as Jimmy was chosen to trade Amazon.

It was hard to visualize back then what the Internet, and Amazon, would become, but I had a chance.  I had a chance, in fact, to wager a tidy sum that would have turned into a king’s ransom.  But I missed it.

The next big trend was mobile.  Once again, opportunity was staring me in the face, in the form of Apple.

Once again I missed it.

Here we are in 2019, and the question is: what is the next big trend?

The evidence is pointing to artificial intelligence (AI).

AI is already used in so many ways by so many companies.  Netflix, Amazon, Tesla, Google, Salesforce.com, and IBM all use artificial intelligence.  Anything we do online in this day and age uses artificial intelligence; it is prevalent in our lives today on a large scale.

During the latest conference call of almost every business, the phrase “artificial intelligence” was used more than during any other quarter.  Every company in every industry will have to incorporate AI in their business if they want to stay competitive.

Ark Invest manages a group of exchange-traded funds (ETFs) focused on disruptive innovation.  They estimate that AI will create $30 trillion in market value by 2038.

I wrote about artificial intelligence a year ago, and what I wrote still applies today.  Check out this post as well as this one to learn more about AI and how you might invest in this trend!

*  The Stock Market is For Everyone, Eric Milton’s short guide to stock market investing for beginners, is available in e-book and paperback formats.  If you like what you see on this blog, we hope you’ll take a moment to purchase and read the book, let us know what you think via a blog comment or Amazon review, and share this information with others!  Thank you. *