I'm a bit confused about why people hate on TQQQ. Yes it's extremely volatile, but the general trend of indexes like QQQ and VTI is that it is very likely to increase over 10+ years. So if you're planning on holding for more than a decade, why not just hold onto TQQQ and forget that it even exists until retirement?
I think QQQ is likely to continue to outperform the S&P 500 for the next 10 years, and so TQQQ will also similarly perform well.
I think that QQQ will very likely be much more valuable 10-20 years from now than it will be today. So logically TQQQ would be even more valuable than it is today as well.
Just wondering if I'm missing something.
Submitted September 03, 2020 at 09:32PM by Okmanl https://ift.tt/3bqKXtv
