Putting all of my savings in TQQQ?
I feel like at least as an analyst I want to be aggressive with my investing. At $100k per year, I would bring home $5.8k per month in NYC post tax. I could spend $2k per month on rent and all other expenses (I have some help with rent which brings the cost down to $1k/month).
I could just save $800 in cash per month then put the remaining $3k in TQQQ which would add to $36k as a first year. Then I could just yolo my whole bonus into it and do something similar in following years. My time horizon is long term (10+yrs) before I would ever even consider a large payment such as a home. I can stomach draw backs, but am looking for some advice on how to hedge. Obviously tech isn't something thats not going to not surprise over the next decade and a half, but you never know. I also don't feel like it's super worthwhile trying to time it and wait for the next drawback to lump sum into it.
Edit: I forgot to include NYC local tax, so actual figures would be a few hundred dollars lower.