What’s good is that the “picture” of TQQQ is as close as possible to QQQ, that is, managers have been coping with their task very successfully for 10+ years. Only the volatility differs. It is important to note that during the period of its existence the index did not have very serious drawdowns. There was coronavirus 2020 and QQQ dropped by 26-28%. There was no fall, for example, like 2008, or especially during the dot-com bubble. I think there are no prerequisites for a repeat of this in the near future, since in my opinion the American market was greatly overvalued then, and now it is worth more or less adequately. But if this happens again, TQQQ has a very good chance of falling by 90-95% from the highs and you need to be psychologically prepared for this if you plan to buy it.
I will keep you posted! Thank you for your attention! 😘
Ideas
May 18, 2022