Planning to DCA around 3K - 4K a month and looking to see how best to spread on the following:

1. JEPQ (50%)
2. TQQQ (25%)
3. BTC (25%)

I understand I’m going heavy on NASDAQ with a couple of those but I already have a lot of exposure in the S&P and just want to spread out towards BTC/NASDAQ.

Thank you in advance and I am open to feedback as well.

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Be careful with how long you hold TQQQ. It will have volatility decay if you hold for a long period of time.

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Can't give a rec specifically but the most liquid options (ie easy to get in and out of) will be on the Q's and SPY

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100% VTI and chill is the way.

95% VTI and 5% BTC if you want to be coy about it…

likesmart

I don’t disagree! I already have a chill portfolio and definitely agree this is the way. But this is more of a risky portfolio I’m working on

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I'd use long term options and shorts against them instead of leveraged funds. Time decay is real, and managing for skew is impossible in leveraged funds.

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Think or Swim is now part of Schwab. I think the final migration is the 3rd week of May.

Tasty Trade also has good videos, the founders were the founders of Think or Swim as well. They emphasize theta non-directional trades. They don't believe in technicals and downplay directional trades.

Make sure you understand your risk. JEPQ and TQQQ mean that you are really putting your money in the same ten largest companies in the index and looking to them to generate the gain. Buying both does not mean you have meaningfully diversified.

What I don't get is... Why these two? JEPQ underperforms the index for the sake of monthly income and lower volatility, and TQQQ is leverage. These goals seem to be in tension to me. Are you looking for income or capital appreciation? Pick one and point your allocation in that direction.

You could do this more efficiently with leverage on the underlying principal components, namely just buy the top 10 holdings of QQQ and sell covered calls/cash secured puts on each (for income) or buy LEAPS to get exposure to the underlying stock with leverage. The few dollars in fees you pay for the options trades will be a fraction of the large management fees these funds charge.

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One other note: owning the NASDAQ does not make you diversified relative to the S&P 500. Look at the top 10 holdings of SPY and QQQ - both indices hold many of the same stocks, even in similar percentages.

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