Thread 60909212

I would like to spend my nest egg 100k on TQQQ and DCA 1k per month into it. Could someone tell me why this is a genious or retarded idea, or both. THANK YOU FOR YOUR ATTENTION TO THIS MATTER.

its gonna go down and youre going to panic sell the bottom

>>60909390
what if i just dont look at it?

>>60909212 (OP)
>He thinks he'll get similar returns TQQQ has gotten of almost 0% interest rates enviroment the last decade or so since 2008, to now when rates are confirmed to stay around 3% for longer.

Bonds are giving risk free return of 4-5% while stocks give around 10% average return but since it's around the highest PE's the returns are obviously lowered to 6%. Would you rather have stocks returning 6% or RISK FREE return of 5%, get dividends and once market is crashing, you with your comfy dividend can buy off all of the markets? The answer if obvious.

>>60909212 (OP)
It's not genius or retarded. It's midcurve.

>>60910054
you think you'll be rational, but emotions come into play. it's alright if you are going to HODL for 10+ years. if you need the money sooner, don't do it

>>60910588
Yes goyim buy the bonds as central banks unload them kek. Hold the long term bond bags while the fiscal deficit explodes kek

>>60909212 (OP)
this is actually high iq

>>60910632
>"Yes don't buy gold. Things are different this time and market will continue to return 20% YoY forever!"

>>60910743
>gold
Bonds*
Gold is good too