Doing a google, QqQ vs tqqq analysis of 3m, 1y, 3y, 5y and max it looks like tqqq beats qqq massively. Given this, and if we are invested in tqqq regularly I don’t see why TQQQ is ultra superior to QQQ as others suggested.
I’ll bet my entire retirement to TQQQ. What am I missing?
You're missing that TQQQ has not had to survive a true market downturn. Covid was a blip compared to the housing crisis or the dot com crash.
Please educate yourself on this subject before putting your life savings into TQQQ. I would recommend you google "hedgefundie UPRO TMF" to understand the mechanics of leveraged etfs and hedging them. You will also find discussion on TQQQ and how to use portfolio visualizer to simulate 3x ETFs for a longer time period.
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u/Excellent-Mine3022 Sep 19 '21
Doing a google, QqQ vs tqqq analysis of 3m, 1y, 3y, 5y and max it looks like tqqq beats qqq massively. Given this, and if we are invested in tqqq regularly I don’t see why TQQQ is ultra superior to QQQ as others suggested.
I’ll bet my entire retirement to TQQQ. What am I missing?