TQQQ has been around for about 8 years. Since its inception, it's up 3,426.49%. It's returned 1,028.42% over the last 5 years.
Whereas with most leveraged ETFs you observe a volatility drag and the price steadily decaying, TQQQ's chart shows an 8-year upward trend rather than price decay.
Am I missing something here, or is TQQQ an exception to the rule that you shouldn't hold leveraged ETFs long term?
Submitted March 16, 2018 at 09:52PM by Dont_Go_Zero_To_BBC http://ift.tt/2GEXhHr