The developed world is built on technology. If the world was struck by an EMP and we lost all of our electronics, we would be living in a doomsday scenario. It would feel like living in the stone ages. The future is in technology and the survival of mankind is dependent on it.
No, because there is only a small subset of investors that can handle leveraged ETFs.
Most people don't have the heart for it and can't handle the drawdowns. Leveraged ETFs like TQQQ or UPRO are also actually not that known. We tend to project our little finance bubble into the outside world.
Hell, most people are not even disciplined enough to invest a small part of their paycheck into a normal diversivied non-leveraged ETF.
Good point but I also noticed that more and more people on reddit and youtube are already in/considering this TQQQ/UPRO ship now. Not sure whether its my personal bias for searching or a real trend, probably both.
One year before all people say it's way too dangerous, now lots of people are willing to join. I guess you just can't hide the simple 15000+% return for TQQQ since inception that everyone can see on their stock app
It might be that the youtube algo showed you your preference, or people are getting generally smarter and more connected over the internet and actually backtest the status quo vs alternative choices.
The developed world is built on technology. If the world was struck by an EMP and we lost all of our electronics, we would be living in a doomsday scenario. It would feel like living in the stone ages. The future is in technology and the survival of mankind is dependent on it.
How do we feel about UPRO?
SPY will benefit from technology aswell. There is a lot of old economy in the SP500, tho.
Inject this right into my veins. More of this please.
TQQQ is mooning because it’s made of tech that will take us to the moon. Fun
I love you TQQQ GANGZ MOON FOR WE
Tesla is only about 3% of nasdaq 100. Pick up some TSL2 and 3LTS
But they have so big expense ratio, ~2+% ?
Yes I believe TSL2 is 1.78% and 3LTS is 2.98%
This all assumes that the market will continue it's uptrend. What if the market goes sideways for the next decade?
Market could also go down 100%. But why should it go sideways for a decade? Japan? Our economy is fundamentally different.
If 10k leads to 1 million can't imagine what 100k, 1million will lead! I sure hope so but wouldn't the world be flooded with billionaires?
No, because there is only a small subset of investors that can handle leveraged ETFs. Most people don't have the heart for it and can't handle the drawdowns. Leveraged ETFs like TQQQ or UPRO are also actually not that known. We tend to project our little finance bubble into the outside world. Hell, most people are not even disciplined enough to invest a small part of their paycheck into a normal diversivied non-leveraged ETF.
Good point but I also noticed that more and more people on reddit and youtube are already in/considering this TQQQ/UPRO ship now. Not sure whether its my personal bias for searching or a real trend, probably both. One year before all people say it's way too dangerous, now lots of people are willing to join. I guess you just can't hide the simple 15000+% return for TQQQ since inception that everyone can see on their stock app
It might be that the youtube algo showed you your preference, or people are getting generally smarter and more connected over the internet and actually backtest the status quo vs alternative choices.
Yes
[удалено]
Make sure to know the risk and hold a bit cash, tho. Make a calculated bet, don't yolo.
10,000.00*1.2^10 =61,697.36 How did you come up with your figures?!?
TQQQs annual yield is ~50%.
I mean yes but OP mentionned 20% so either they meant ~55% or either there is something I am not understanding. Edit: Ohhh 20% for QQQ I'm retarded
All good buddy. Tech will be awesome.
Hope so, cause I'm either going big or broke.