Is it a good or bad time to by ETFs

I'm 21 and looking to start growing my money. My money is mostly out of the markets right now, but after doing some reading, I think I want to start putting money into TQQQ. My only concern is that the US equities market is priced really high right now, and I'm scared of losing a bunch of money bc of a crash. I'm pretty inexperienced, so any advice or thoughts would be appreciated.

 

Id be pretty surprised if there is a huge QQQ downturn before 2022. Do I recommend TQQQ as a Strat right now? No. Id heavily invest in FAANG, S&P & either QQQ or some other technology ETF. Only throw into TQQ if you are able to prepare for some kind of downturn.

 

Thanks for the advice. Just curious, why do you think there will be a downturn for TQQQ soon? I'm asking bc shouldn't FAANG and the QQQ etf (from my understanding is just an unleveraged TQQQ ) move in the same direction as TQQQ given that they are all in the tech sector? Also, to avoid getting wiped out by a downturn, would you recommend dollar-cost-averaging?

 

Odio commodi tempora voluptatibus. Nihil harum provident est architecto ipsa culpa harum. Velit iusto vero voluptatem eaque aperiam excepturi deserunt sint. Sed aperiam consequatur consequuntur et exercitationem.

Nihil labore sed laborum vel debitis fuga. Commodi vel libero consequatur quis odit nemo. Dolorem soluta totam id facilis quia inventore aut.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”