/biz/ - Business & Finance

>>19336356
TQQQ is a 3x leveraged ETF with a negative theta since you lose more than you gain even if the negatives and ups and same percentage. It only looks good because the market has been in a constant bull state the past 8+ years.

The real question is will there be a second wave like March, or will we enter another bull market for the next 8 years? That's the bet people need to make. If all goes well, there will be a correction (just in case all the unemployment and other countries don't rebound like the US might) which will plunge TQQQ 3x harder due to leverage, which is when people should buy in. Fuck DCA on $TQQQ.