Dear community,
So first I feel like I have to inform that I'm a young engineering student who lives very modest as to hopefully make wealth in the long-term future and is very investment heavy (over 95% of my net worth is invested rn), so I do like to take risks from time to time, though I'm trying to keep it in check. I have had some interest in the $LOCK (-0,57%) etf for quite a while now and I still feel like there is great potential for growth here. I initially invested at a average price of €8.80 in late 2024 and have a order open for coming monday as at a expected price of €8.17 roughly.
Eventhough I will really just be timing the market, I feel like the recent price drop from last week makes way for a excellent buying oppurtunity to reduce average purchasing price.
I think that with the incorporation of increasingly more comple LLM's and AI's and the strong demand from worldwide governments we will see many developments in this sector the coming years.
Though I could choose to buy individual positions such as $CRWD (-2,23%) (Crowdstrike) and $PANW (-0,49%) (Palo Alto Net.) could be attractive, simply adding this etf to my portfolio would reduce complexity and risks.
That being said I'm really interested in other peoples opinion on this etf and general views on the developments in the digital secturity space!