(@semih_14) on getquin

5Mon·

Hey Dear Getquin Community

Does it make sense for a long-term investment (20-30 years) to invest in the Nasadaq 100 ETF 3 Lev $QQQ3 (+1.9%) or does it make more sense to choose and save in the normal Nasdaq 100 $CSNDX (+1.04%) and to save ?

19 Comments

Aditya@OnlyETF

5Mon

If it drops by 30%, you lose everything.

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Kalle2@Kalle2

4Mon

So my savings plan is up 68%, you just have to set a stop loss. The €25 a week won't hurt either if they're gone ;) I'm curious to see what @TopperHarley has to say about it 😜

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Money Game@MoneyGame

4Mon

I've been looking at the $QQQ3 for a really long time and I currently have over 100K in it myself. As long as the Nasdaq doesn't fall 30% in one day, there is no risk of a total loss.

The biggest risk is psychological. In a bear market, the ETF can fall by 80 or 90%. If you have all your money in it, that is of course psychologically brutal.

Just take a look at the long-term chart and there are also various backtest calculations which show that the returns are astronomically high. So far it's worked great and I don't see why it shouldn't continue in the future.

However, I would tend to get into a leveraged ETF after an index fall of at least 20% and not at an all-time high.

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Kevin E.@KevinE

5Mon

Definitely not for long-term investment!

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ZeroIncomeStrategy@ZeroIncomeStrategy

5Mon

Neither. In the long term, I would rather diversify than bet on a specific focus.

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Kill_Baulitz@Johann_van_der_Smut

5Mon

The $QQQ3 is a gamble

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Luffy@Luffy3D2Y

5Mon

It can make sense if you are aware of the bet. Higher risk could mean more return, but also more loss if the bet doesn't work out. There is no right or wrong, because nobody knows the future. Some need more security, others risk more. Only you decide which ratio is the right one.

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FroschFabian@FroschFabian

5Mon

So far it has gone well, it can continue to do so, you just have to be aware that the risk of it falling sharply is also quite high

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Chandra@Chandra

5Mon

There is also an intermediate route, the $LQQ (Nasdaq x2)

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