TQQQ Check In
Not trying to dunk on TQQQ, just curious on people's sentiment.
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all in baby
Tech and the market as a whole will be in for a wild ride over the next year. TQQQ will likely drawdown far more be it due to poor fundamentals which we’ve been seeing trends toward in companies like Netflix/Meta losing subscribers and the prospect of Amazon literally running out of workers or through sideways movement and volatility decay.
Long run I’m still in though. The dot com bust happened and 20 years later things recovered better than ever, so time heals all wounds, and tech as an industry will always prosper.
the problem with TQQQ is even if it’s up 5000% in 20 years, it can still collapse when you need it, so don’t go “all in” maybe once you hit 30.
that said don’t listen to me I am not an investment professional and this is not investment advice.
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