No. of Recommendations: 2
Saw this on Facebook. It reads like a scam (and of course I think she is anyway):
"How to Get Richer?" Hi, I'm Cathie Wood, founder of Ark Investments. Today I’m sharing this secret! Therefore, I decided to create a WhatsApp investing group to explain it all to you!
So far, my Ark Investment has managed more than $50 billion in assets, and I have become one of the most successful investors!
Since its inception, ARK Invest's funds have returned almost 2.4 times the S&P 500 Index, or 1.7 times the Nasdaq Index!
Each stock I predict will typically maintain a 20% return.
If I told you that you can achieve financial freedom through investment, would you believe it? I don't think many people would believe it. But it’s the truth, and it’s how I built my wealth.
For example, a stock I shared in the group last month rose by 45%, which means that if you buy 500,000, you can get 725,000 after one month. What is the difference between this and picking up money? If you don’t believe it, welcome to join my communication group for free observation and verification. You won't lose anything, but if you miss the opportunity, that's your real loss.
What I earn in one day now is what ordinary people can earn in decades. I am 68 years old, and my physical and mental strength are declining. If I had more wealth, it would be of no use to me. So now I have to do something meaningful! What should I do before leaving? My success is inseparable from people's support, and I feel it is necessary for me to help more Americans enjoy a life of wealth and freedom.
If you want to get started, you can start with any amount, it’s up to you!
Join my communication group now, I decided to share my method for free in the community, and I will teach you step by step how to make money by investing in stocks. Because it's a skill and it's easy to learn.
Assuming there is a way, the return you get from investing in stocks is dozens or hundreds of times the salary you earn through hard work. One cannot always go to work, one must do something to get out of the current predicament. Otherwise, when you get old, can you still continue to work? Is the salary from your job enough to support your family?
So are you willing to start your new door to wealth?
Looks to me like ARKK is losing to S&P500 and Berkshire since inception.
I expect the above is not really Cathie Wood, and is a scam. I reported it as such.
No. of Recommendations: 3
Agree, She is a total scam artist- Charismatic, bright and the queen of cheer leading and self- promotion. She should have her own devoted Chapter in Cialdini’s next book! Amazing how much capital ARK has destroyed!
“Think carefully about someone's incentive, and you will know them well without ever having to meet.”—Charles T. Munger
No. of Recommendations: 1
I expect the above is not really Cathie Wood, and is a scam. I reported it as such.
I've been getting those too. It seems scammy, but I have a pretty low opinion of Cathie Wood, so maybe not.
