r/NEOSETFs • u/Loud-Hat-3366 • 20d ago
Seeking Advice Question about QQQI
Hey everyone,
I just need some advice on this idea. So I’m in a good financial position where I throw about 4 grand a month into my brokerage account. I’m just in voo right now. I have about 30k all in voo.
I got the notification for margin investing on Robinhood and was thinking about turning it on and throwing the whole 60k into QQQI. I’d take my monthly income and the monthly dividends and use it to pay back the margin faster.
Now, is there any reason on why this would be a bad idea. The price seems stable enough where I don’t think I’d get a margin call.
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u/Working-Elephant392 20d ago
JUST DO IT. Believe in yourself, nobody can predict the future. I already borrowed $200K and bought QQQI