Makes sense. I agree. Lets take Nasdaq as another example.
Do you think QQQ is a decent index ETF to invest in?
If QQQ is good, is TQQQ better?
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Makes sense. I agree. Lets take Nasdaq as another example.
Do you think QQQ is a decent index ETF to invest in?
If QQQ is good, is TQQQ better?
TQQQ is a leveraged ETF and those make me uncomfortable. I like simple equity plays. QQQ gives you a nice stable-ish basket of stocks while TQQQ is more of a short term play, in my amateur opinion.
The leveraged ETFs are devils in disguise. All sorts of issues with backwardation and contango that mean the leveraged ETFs are not meant to be held long term.
They are short term only.
And are potential weapons of mass destruction - Warren would never touch a leveraged ETF