Why you should have some 3X ETF in your portfolio | EX ETF myths debunked
Here I have talked about some myths that most people have about Leveraged ETF and the truth behind that nobody talked about. Will 3X ETF goes to 0 if underlying index drop 34% in a single day? Is 3X ETF only suitable for day trade? Is holding 3X ETF better than holding the underlying index's common ETF?
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I am a Full Time YouTuber (Investing Maniac) who talks about investment knowledge and side hustle idea.
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The Boring Investing : I am all in TQQQ
Investing ManiacOP The Boring Investing: How long have you been all in?
The Boring Investing Investing ManiacOP: 1 hour ago
Investing ManiacOP The Boring Investing: Can try to sell put options when it is in red like today. normally I dont buy it directly. I will tend to sell put options at 1 month expiry date at strike price 24% lower than current price. This has always been my strategy and I can go like this with 1 year without buying any TQQQ but earned around 50% return annually.
The Boring Investing Investing ManiacOP: Good strategy . Thanks
Investing ManiacOP The Boring Investing: You are welcome
103026296 : Is a full deposit on TQQQ appropriate?
I want to sell Tencent and Alibaba. In the short term, these two rebounds should be very slow; I've already lost 38%.
Investing ManiacOP 103026296: Nope, not safe to bet all in one thing at any point of the time, even if it's an ETF. Try to expose yourself into more, likw at least 2 to 3 ETFs or 5 to 7 stocks.