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Retirement accounts, for people making good salaries, are the ideal place for risky investments, because they’re tax-advantaged and a small proportion of your s
by CheezeIt 5y ago
Retirement accounts, for people making good salaries, are the ideal place for risky investments, because they’re tax-advantaged and a small proportion of your savings.
- BoorishBears 5y agoI've never had a financial advisor or any money manager of any sort sink to the level of "hold TQQQ long term" for an investment account. Usually it's "risky" choices from a selection of "normal" funds. And exactly it's a relatively small amount anyways... so why waste it on the fees TQQQ is bleeding?
- CheezeIt 5y ago53% annual gain wins many arguments. But I’ll add (an hour later) that I think there are better, riskier options.