Is TQQQ a buy?
Profile: 21-year old who is hopefully signing an offer at a BB IB here in the next few weeks. Will have a ~$20k in savings after summer ends & already have $10k portfolio in the market (mostly in Charles Schwab ETFs & $1k of that spread across blue chip stocks). Will have no student loans when I graduate thanks to athletics (shout-out the high jump)
Though process: with TQQQ’s high beta, putting in ~$1k while market is performing poorly would allow me to benefit on the inevitable market upturn, whenever that may be. Is this valid/reasonable??
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