The Best Fintech Play? There’s More Than One
Hey, hey. Welcome back. Guess what? I’ve got some free money for you today. But since I can’t stick this stuff through the camera and give it to you, I got to do the next best thing, I got to tell you how to make this kind of money. It’s pretty simple and it all has to do with something that’s in the news lately, the Ant IPO. So maybe you’ve heard about this, it’s the biggest IPO ever, $34 billion could make Jack Ma a ton of money. But guess what? There’s bad news. You can’t get into it, or at least as an American investor, it’s going to be very tough to get into this IPO. The shares are going to trade on a Chinese exchange. You have to have an international broker, can cost you a lot of money and a big hassle to get in. But don’t worry, you don’t need to get into the Ant IPO.
There’s better opportunities out there. You just need to know where to look and what to look for. So before we can really uncover that opportunity or those opportunities, there’s a lot of them. We have a need to understand what Ant is doing. So in the basic terms, Ant is a financial company. It processes more transactions each year than Visa and MasterCard combined. If you go to China, you almost have to use Ant as your intermediary between the buyer and the seller. It’s just a big, huge company that is doing a lot of things for payment processing, world tracking data, all that sort of stuff. But what you need to understand is the idea behind Ant, its name. So its name is focused on, an ant’s small Jack Ma set this company up to be the intermediary between small companies, and big banks, and the individual person that’s spending money with a small company and those big banks.
So it’s just a huge volume of transactions every day. But again, you can’t get in on that, but there’s a lot of companies in the United States doing the same thing. They have as much or more profit potential, you just need to know where to look. So you’ve probably heard about Square, PayPal is doing this, but what you probably haven’t heard is the huge amount of mergers and acquisitions that have happened in the industry. Fiserv bought out a company. There’s a company in Brazil called Stone Co, that’s doing really well, that’s involved in some, some M&A activity. And so this whole industry is really just taking off. And so that’s why I don’t want you to try to pick one individual company. I’d rather, you go with a slew of companies that are all taking part of this, there’s just monstrous trend that’s out there.
And so for that, you need an ETF. And that ETF is the ARK Fintech Innovations ETF with the ticker symbol, ARKF. This ETF is up almost a hundred percent this year, and for the bottom in March, it’s up over a hundred percent. And that’s because the Fintech revolution because of the coronavirus, because of so many of the different things we’re seeing happening in the economy right now, Fintech is where it’s at. So this is a good one ETF to go out and play, again, that symbol’s ARKF. Don’t worry about the Ant IPO, there’s a lot of headline hype out there. It’s a big company. You can do better by investing in a slew of Fintech companies that are doing big things. The M&A activity in the sector is boosting, a rising tide lifts, all ships, don’t go out and try to pick the next best one, go out and invest in all of them. Again, ARKF is the way to do it.
So thanks for tuning in, and if you liked this video, you want more of this and you want more tips on how to make free money, go down below and sign up for my free daily e-letter, Manward Digest. Again, it’s free, the link’s down below. Check it out and I’ll talk to you next time. Thank you.