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TQQQ is an example: https://totalrealreturns.com/s/TQQQ https://totalrealreturns.com/s/TQQQ I’m not recommending this. Be careful. It’s daily leverage (intende
by compumike 4y ago
TQQQ is an example: https://totalrealreturns.com/s/TQQQ https://totalrealreturns.com/s/TQQQ
I’m not recommending this. Be careful. It’s daily leverage (intended for short term use). If you look at it over longer periods, there is very very substantial drag. As a short term gamble with a single digit percentage of your portfolio, maybe.
See also this article about risks of leveraged ETFs: https://www.bogleheads.org/wiki/Leveraged_and_inverse_ETFs https://www.bogleheads.org/wiki/Leveraged_and_inverse_ETFs
Edit: here’s a chart comparing TQQQ to plain QQQ: https://totalrealreturns.com/s/TQQQ,QQQ https://totalrealreturns.com/s/TQQQ,QQQ
- djbusby 4y agoOh, I'm not buying it, am bogelhead. Still off this year but had cash around to "but the dip" as they say.