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    Everything I've Learnt From Morgan Housel (Author of The Psychology of Money) Investment Club

    Everything I've Learnt From Morgan Housel (Author of The Psychology of Money) Investment Club


    Everything I've Learnt From Morgan Housel (Author of The Psychology of Money)

    Posted: 07 Mar 2021 02:08 AM PST

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    Should I choose QQQ or TQQQ?

    Posted: 06 Mar 2021 06:34 AM PST

    Hi.

    I'm a newbie at investing, I started only at the beginning of the year. I understand that TQQQ it's 3x times the daily performance of the NASDAQ-100 Index, however, I consider buying TQQQ instead of buying QQQ because of the lower price. In fact, I can't afford to buy QQQ but going to permanent buying TQQQ. It's $83 vs $380. As I already wrote, I understand the difference.

    Mainly I'm interested in helping with providing me advice if it's OK buying TQQQ instead of buying QQQ for a long period? Let's say for 3-5-7-10 years. I just consider choosing this as my strategy - permanent buying of TQQQ.

    Thanks in advance!

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    submitted by /u/xcrowsx
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