Yes but this performance is over a huge long bull market. What if market was flat for 5 years? Say QQQ is net 0% gain over 5 years, wonât TQQQ actually be negative returns?
Market is in a multi-decade bull run since 2009. TQQQ started in 2010.
Just a short duration to illustrate a flat market. Market could go sideways for decades, up and down a price range. Just multiply year by 10 for the graph below.
Yes but even on this graph, you can find points where QQQ has reached back to 0, and TQQQ is at a loss (10% or so). If this continued for another few years, what would that look like?
Iâm just trying to poke some holes to prepare if there was a black swan event or worst case very multi year recovery.
If one buys TQQQ right now, totally possible slim chance that it loses 90% of its value and stays there for a few years.
To me TQQQ is a great play to buy some on big dips, and if it really drops, put a lot of money in. Basically someone is doing the options management for you. Doing this correctly, I can see 25% of portfolio could turn total assets to 8 digits and guarantee retirement.
I has been explaining to @jil for very long, he doesnât seem to get it. I told him Cycle IV is very near. No point buying any indices. I have already done all the comparison long ago before he mentioned it. Just trade and wait for Cycle III to be completed. And then a crash, buy then. Donât think he understand internalize the significance of Cycle IV which I said many times is a multi-year corrective wave. I posted the charts many many many times in the Indices & ETFs - #1680 by hanera
That is what I said. I kind of tired of explaining to him I guess I didnât say this A statement (in bold),
Essentially drawing the conclusion that matters the most to him in PLAIN ENGLISH.
Whatever I heard that ARK Team uses it own algorithm to trade, but that does not mean everything. ARK team is an insider when they are 5% and above stake in company ownership, they may have access to daily operations/details.
TWST seems to be good with 21% drop, downgrade by JPM after exceeding expectations, and touching SMA50. This may further go down, but reached potential bottom.