What do you think about this ratio for a 30 year hold?
I was thinking each year I would incrementally reduce the tqqq percent( ie: year 15 would, I would target closer to 85/15 and moving)
I have very high risk tolerance, and I’m just looking for maximum growth potential.
I’ve read 2x leverage is optimal, so this would actually still be less than that.
Appreciate any advice on this strategy.
70% voo and 30% tqqq for longterm
byu/warrior178 ininvesting
Posted by warrior178
6 Comments
Do a search on tqqq and decay risks.
You think you have a high risk tolerance now. What happens in 5 years when we get a correction and your TQQQ falls by 75%? Will you have a high risk tolerance then?
You were downvoted but weren’t told why. TQQQ isn’t meant to hold long term.
70/30 is extremely aggressive for a 30-year hold. TQQQ can lose up to 85% in a bear market. Keep it at 90/10 and taper it over time. Good luck.
$tqqq for the longterm goes against the purpose of $tqqq which is a heavily leveraged play.
since youre not investing, youre gambling, you have to ask yourself whether the odds are better at the $TQQQ table or at the blackjack table.
if you lose your bet at blackjack, you go home and youre back at work on Monday
when $TQQQ crashes, how long will it stay down? a month? a year? two+ years? and how long will it take to get back the lost money? now imagine that you are ready to retire but you never quite got the money back and then it tanks again. damned shame
on that horizon will perform a lot like 70% voo