TQQQ WILL MAKE OR BREAK YOUR PORTFOLIO! (TQQQ EXPLAINED)
TQQQ is an ETF that has risen in popularity recently because growth stocks in the Nasdaq 100 have been sold off at a historic rate. And instead of buying the Invesco QQQ ETF, many people are using the TQQQ ETF as a way to quickly capture more upside during a potential rebound in the Nasdaq 100.
If you do decide to invest in the TQQQ ETF, you have to know what you're doing! It can either make or break your portfolio because it is a leveraged ETF. TQQQ in particular is a 3x leveraged ETF of Invesco QQQ, the gold standard of Nasdaq 100 ETFs . That means that if QQQ goes up 2% on a given day, TQQQ will go up 6% during that same day.
TQQQ may seem like a great idea and a great ETF to invest in. However, it comes with its set of risks. In this video, I'll explain the pros and cons of the TQQQ ETF. After watching this video, you'll have a much better understanding of whether or not TQQQ is right for you!
About Me: Ravi Wadan is a Tacoma, WA native with a keen interest in the capital markets, music, and technology. Professionally, Ravi has worked in the asset management industry for the past ten years in a variety of different roles. He is an avid musician and loves to travel the world. The purpose of this blog is to discuss current events, emerging technologies, and investing opportunities. Ravi did his undergrad at the University of Washington and has a Master of Science from Columbia University in New York City.
My music on Spotify, Apple Music, and iTunes:
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https://open.spotify.com/artist/1rtHM...
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#tqqq #qqq #invescoqqq
0:00 - Introduction
2:03 - What is TQQQ
4:38 - Why is TQQQ so popular right now
7:16 - Risks of TQQQ
10:31 - Is it a good investment?
*None of this is meant to be construed as investment advice, it's for entertainment purposes only.
