Title is self explanatory. QQQ returns have been superior to SPY over the large majority of the past years, plus I really cannot see how can tech fail in the next 10-20 years. Tech nowadays is everywhere and has become such a foundamental part of our lives that I cannot really see it perform worse than s&p500 (again, over a 10-20y span). Ok I get it, volatility might be larger, but I am planning to build a portfolio of money completely separated from emergency funds or daily expenses, so I do not really care if it goes -90% if on the long run it does outperform SPY.
What am I missing?
Bonus: for the same reasons mentioned, why should i not pick TQQQ over QQQ, or at least put part of the money in it? Ignoring volatility, it has had huge returns on average over the last years, and I really don't think "leveraged ETF attrition" will be so damaging to the point that tqqq becomes really worse than qqq over the span of decades.
Submitted June 14, 2021 at 03:50AM by Victorgab https://ift.tt/3gjwCmQ
