Why don’t people just hold TQQQ instead of QQQ?

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Do yourself a favor. Open excel and create two simple scenarios, one with 3x market moves and one with 1x. Start each at $100 and plug in some random + / - % days, applying the 3x and 1x scenarios. If you have volatile down days, the 3x will be worse in the end. Plus sqqq has high fees

Agree for the drop, but isn’t the UPRO and TQQQ going up trend in the past 10+ years?

I’ve started to do this. I have about 10% of my portfolio in a mix of SOXL, TQQQ and FNGU. I’m young and my holding period is very long. In addition I always keep a bit of cash on hand to buy these dips when they occur. As long as you continue to hold, have a holding period of 10+ years and buy dips this is the right move imo. The fees are significantly higher which can hurt returns especially on relatively flat and down years

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Show me where anyone in this thread has said anything about going all in. Im not telling people to take out a cash out refi on their homes to yolo into 3x leveraged etfs. I’ve been using them for about 3 years and the amount of funds I’ve invested total is roughly 15 percent of my investing funds. It has since balooned to a significant portion of my portfolio because of their significant outperformance.

I was well aware of the risks, hence why i only invested a nominal amount of my portfolio. That allowed me to shrug off the covid crash and come out significantly ahead. So as to the question of why not use leverage etfs ? There really isn’t a good reason. If you don’t invest more than you can lose, and are willing to ride out the volatility, go for it.

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Don’t listen to all the haters. There’s no reason to not have a chunk of your portfolio in something like this. I’ve been plowing into SPXL for awhile and have massive gains this year

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Lol most people can barely stomach the volatility of QQQ, let alone SPY. there’s also more risk in holding TQQQ

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I hold TQQQ in my Roth. Makes me feel alive 😄

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Im up 550% since purchase. If i had put my whole portfolio in there id have an extra 150k.

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Bought in 2015, took some profits and moved them to qqq. Both are doing well. It was 10% of my purchases and its 20% of my current portfolio

Because it will kill you in a downturn like 2001 and 2008. It will get to a irrecoverable point. Many good years will mean nothing after that

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Because the market can go down also. And If the market is volatile, it will do very poorly. There is a reason the fund says it is not meant to be held long term. If you get a good market, this fund hits a home run, if you get bad market, not so much.

I had a upro/tmf position through the covid crash. It was a wild ride for sure. Upro sank like a stone and tmf took off like a rocket. Rebalanced throughout it and I made an absolute killing.

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TQQQ is for short term only. Search for volatility decay. https://www.wsj.com/articles/this-fund-is-up-7-298-in-10-years-you-dont-want-it-11597417224

Also, WRT the 2000 83% crash, a leveraged fund like the tqqq may have never recovered from that level of volatility and destruction due to its leverage. Meaning, it might actually underperform the qqq over the past 21 years (if it had been around back then), let alone outperform it by 3x

Why not just backtest?

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