Invesco QQQ Trust Series 1
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19Y/UK. Any advice? I plan on putting in another 10k in the upcoming months, probably to VOO? GME average was $90 and NIO was $49 (take profit order at $60). QQQ is there just for a feel of change. Is it looking good? I have a high risk tolerance due to my age (around 40-50k in blue chip crypto)
FTEC is the FIDELITY MSCI INFORMATION TECHNOLOGY INDEX ETF It holds 350+ Information Technology stocks. Just about anything and everything out there. FTEC is 100% IT. VTI isn't really tech focused. It's only 28% IT. QQQ is 51% tech. If you really want a focus in tech, look at FTEC.
Just have a subscription to Barrons and put money some of the stocks you like after reading their DD. If not then just buy index fund. SPY QQQ etc. That will compound the money 5-7% a year. Last year was exceptional, you would have been up by 25% just having spy and qqq.
Haha! I love it. My smaller positions I cash allocate going in, so the group as a whole should act like a market cap weighted ETF over the years. But 60% of my capital is behind five picks: 1) Ford (F) 2) Athira (ATHA) 3) Discovery (DISCK) 4) Nasdaq (QQQ) 5) S&P 500 (VOO) Netflix had become my largest position until I sold it in it’s entirety last year. Started selling once it crossed $600. My cost basis was around $60. Something about seeing 1,000%, lol. Price target for F is $50, ATHA is $100. DISCK is hard to say since it will become Warner Brothers Discovery (WBD) soon, but I’m thinking around $200 billion market cap in ten years...
What is the formula for deciding the best amount of money to save? I'm assuming there is some advised calculation based on monthly expenses and how much u save? 2-3months is a short timeframe, I'm used to hearing 6-12 months. Does take amount of expenses into account? I'm asking bc I currently have like 40k sitting in my checking readily available. I have expenses that I pay for my family of 3 and house mortgage. I would say my necessary expenses probably come to around 3-4k a month including mortgage. Should I only be holding onto max 15k cash and invest rest? As for what I have invested, I max out my Roth and 401k contributions (and so does wife). I also have another 25k in stocks/ETFs. Should I put more in to really reap the benefits 5-10 years from now? I only invest in stocks I trust and play long, such as Microsoft, Nvidia, apple, and ETFs like VTI SPY and QQQ. Don't really have a financial goal for my investments other than just want my money working for me. I opted to have my house property taxes not in escrow so I can invest it rather than sit in escrow and do nothing. So optimally I would like to see growth that it in 5-10 years it would cover a few property tax payments I guess. Thanks I'm advance
Not sure if this is the info you want, but it's what I personally do. I use 70% of my portfolio and buy deep itm leaps on QQQ/SPY as far out as possible and a small percent to leverage ETF like TQQQ/UPRO. The remainder of my portfolio is in cash and not using margin. This strategy give you much more leverage in the market and the gain can be insane and also give you cash and margin to DCA much more than most when/if the market crash. Though I don't recommend you do this as most people cant stomach being down so much if the market take a turn.
I’m nearly all cash right now with exception for some short positions on QQQ. Have been slowly testing waters on growth, buying small amounts and set stop losses supported by TA. So far, my stops have been hit each time and I am still nearly all cash. Hoping for another 20/30% downside.
yes. long term investor don't care what the market is doing day to day. Even "Bob" the worst market timer in the history of mankind still somehow made money. (https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ )....make a plan: set it and forget it. It is time in the market and not timing the market. Also, I wouldn't put 50% in QQQ: I suppose you can but it is more risky. Maybe a smaller percentage to "tilt"??I would suggest VTI/VTSAX over VOO/VFIAX or whatever Fidelity/Schwab equivalent of total market index -performance chasing can be deadly to one's portfolio. ie. ARKK: it has very good return over 5 year period: but most of the money was poured in when it was high. I believe most money invest in ARKK has lost money...
> For index funds try to avoid overlap; VOO and VTI are basically the same, so pick one and ignore the other. A common pattern is a 2/3 fund portfolio: US market (VOO or VTI), international markets, bonds. I personally don’t do bonds (with the negative real returns this is just less liquid cash…) or international but it’s common so felt to point out. Got it. Leaning towards VTI+VXUS+maybe 5-10% QQQ > only real risk is US solving the education cost… sadly feel this is low risk…. My concern is that in 20years college education is going to lose its value. If you can learn programming, ML, AI on your own and get a fair shot a job or being an entrepreneur, then maybe that + a community college (to build up social skills) might be enough vs spending all those $$$$$ > I have fidelity and you can auto invest, it’s just super clunky…. You have them pull X from your bank on fixed dates (why no bi-weekly?) the. The next day put in each stock/etf (think you need to setup for each…). Also DRIP (dividend reinvestment) isn’t on by default so sadly have to enable per stock!!! Got it. Thanks!
> but you never know. Agreed. AAPL/MSFT are "safer" but you never know. > The big question for individual stocks is will you be able to exit if they no longer match your investing goals (aka will you know they stop being safe?), if not might be good to stay with index funds and forget it. I am leaning towards this and to get a bigger bite at the tech action may do 5-10% QQQ.
Etf is an Instrument that you can trade like a Stock and it represents an Index like the sp500 or Nasdaq. Very Safe. Best is to continously pay into your etf like one thats called VOO or QQQ and just never think about it again until you need it one day far down the future. But dont do any risky stuff brate.
Thanks for the advice and i am leaning toward what you mentioned VTI+VXUS + maybe 10% QQQ (and stay away from individual picks). I need to find the fidelity equivalents of VTI and VXUS now (not sure if it needs to be that way and maybe i can just buy vanguard ETFs in fidelity account) > set it and forget it: and spend the time with the people you love and do things you love to do. Amen. That's the goal.
I think the important thing long term is to keep dumping money into appreciating assets. And that *generally* means the best time to invest is yesterday, and the second best time is today. However, none of us knows the future. | market up | market flat | market down ---|---------|-----------|----------- invest now | win | draw | lose invest later | lose | draw | win Could be that waiting a year or three will win, could be that it'll lose, could be that it doesn't make much difference. But if you're continually saving and investing, you'll probably do alright no matter what. I like QQQ, but it is a narrower fund, which means it can have larger swings. And it does have a significantly higher expense ratio. My guess is, over 20 years, QQQ outperforms VOO. But it's just a guess, and no more or less valid than your own guess.
>This sort of shit has been said for years. Complete nonsense and FUD. This has got to be award worthy for a top quality bagholder quote. How can it be complete nonsense and fud, when **it has been the correct stance... for over 10 years.** We've had 10+ yeas of people promising Chinese tech is the next big thing. We will get some nice rallies every here and there (typically when the rest of the world is also rallying), but then they eventually just revert back to where they started from while the rest of the world's indexes continue to rise. * Since 2014 when it launched, the Chinese tech ETF $KWEB is up a grand whopping total of 10%. That's it. 8 years, and all you got was 10% gains. * In that same time, you could have just owned $QQQ, and you would be up 345% over that same time period. * Since 2007, the broader Chinese stock etf $FXI, is up literally only 13%. Imagine missing out on 14 years of the longest bull market ever because you kept thinking that Chinese stocks were the future. How many years of missing out on returns does it take to wipe out the ridiculous amount of cognitive dissonance here?
I just threw an additional 250K in VTI, VOO and QQQ last week, Holding that as long as I can. You can consider it a big DCA as I usually do a few big tranches one or twice a year. Not stressed about it. Don't ask why both VOO and VTI I just like it like that.
My god this. I had tons of 'we're going to rebound from covid' positions like WFC. Overall return and risk-adjusted return would have been much higher if I just bet on SPY/QQQ/DJIA. Was so stressed reading individual financials for companies completely not worth it.
Wait for an up day and buy end of week puts on high multiple tech companies that are 2-5% out of the money. PANW is my favorite lately it just bounces from 500 to 535ish and back constantly. Or if you don’t feel safe picking individual stocks do calls on TECS(3x bear technology etf) or do puts on QQQ. Do it on up days and try to make sure there’s at least a couple days left. Not financial advise but this should work for at least another month.
My opinion, figure out a pie chart for a portfolio mix you can get comfortable with. Then, rebalance and buy into stocks/ETFs that will get you that mix. You've obviously got a lot of meme stocks, and some crypto. That's ok, but a whole portfolio with that is basically gambling. I personally would add more market index ETFs (VOO, QQQ, VTV, etc). They are boring, but over time they go up and to the right. If you believe a big dip is coming, buying into those at that point is a good play. And if your speculation picks don't pan out, at least part of your portfolio is bringing you returns.
My honest opinion is that you should avoid listening to all media and news outlets, wsb subs, fox, cnn, all of it. I'm sure these are just your bags but I found that purchasing good companies at low prices serves you best. Avoid the talking heads....if Cramer is screaming BUY its probably topping out for the current trend. Also, I have tried to study and understand financial data about a company just so that when I read a print that I know what it means. I am by no means a financial analysis type of trader but it does factor in (mostly for long term positions). I'm more of a technical trader as of recent and I find this gives me the best entry points when swing trading equities. I have huge options losses and shares losses but I also have some big winners. I find it much easier to lose money faster In a losing trade than gainers can run in a winning trade. Therefore you have to take profits when the indicators are screaming at you and take a small loss if it does not go your way. Risk Vs. Reward is the game..... Also: determine what kind of trader you are and what works for you. Open several different brokerage accts so you can trade when you want to. Stay away from meme stocks. Look into these guys... SPY QQQ TQQQ SPXL - This is where you should be putting your money. Don't buy at the top.
Motley fool does not outperform QQQ which should be their benchmark since MF only invests in tech stocks. S&P has way lower risk than QQQ and as such the reward is lower but so is the punishment in case of downturn, as you might have witnessed this year when tech starting down.
We've been in meme and wsb stonk bear market since June 2021. Overall market looks ok but it's not pretty if you look under the hood. ARKK should be used as an index for meme market instead of SPY, QQQ, or DIA lol.
First congrats on opening an retirement account at your age. Second from what I looked up it’s a leveraged FANG etf. There has been a tech pullback recently and this is a leveraged etf meaning you feel it worse. However it should come back and you have time. My concern is the expense ratio at .95%. That’s kinda high and will eat profits in the future. I would look at diversifying into other etf like total market and a and P. VTI and VOO are cheap to own. Also if you like tech maybe QQQ for that exposure Hope this helps. .
Very interesting, thank you. I've been slowly opening short leaps on QQQ and IYR (REIT historically don't do well in higher interest environments). I'm looking for other sectors in the S&P specifically more impacted by rates to short as well. Any ideas?
I will better stick to quality tech fund etf like QQQ. Cathy profile is just an imagination of the so called disruptive technologies with no major disruption factors . People laughed at me when I said ARKK will hit 70’s . I am convinced that it will hit lower 50’s before making any meaningful recovery
First, thank you for giving such solid advice. Ive read most recommending to derisk through ETFs. Im leaning towards keeping all positions open and any new money i put in will go into ETFs. Ive been reading up on VOO and VTI so far. Considering SPY and QQQ as well. Many thanks sir.
Depends on the stock, depends on their fundamentals, and depends on the timeline. The market is made up of individual stocks, some good some bad. Some which should never be held for a day, much less forever. I’d much rather hold any number of solid individual names in a hypothetical “1-stock portfolio” than be stuck with the market-cap weighted TSLA exposure of an “only-VOO or “only-QQQ” portfolio.
I’ve never made significant returns (consistently exceeded return compared to SPY or QQQ) in equities without using margin. With margin rates at around 1% at IBKR it’s easy to scale out on a TSLA run to make (or loose too) a few years of salary in an afternoon. Doesn’t matter if it’s up (long) or down (short). I can’t wait to see what’s possible when 1980’s interest rates of 19% return.
Usually I make fun of thetagangers - mostly those who only sell CSPs. PMCC sellers, spread sellers, naked sellers are fine IMO. Anyway, I think this might be the only year those CSP sellers beat index funds (or the stock they sell CSP on) Will look at QYLD vs QQQ to see if my prediction pans out
Extremly rare, almost impossible. However i do think its possible to listen to important news like when the fed is talking, its possible to spot something negative in their speech and buy OTM 0 DTE puts on SPY or QQQ and make bank. We had that on january 5th, a sell off of 1.9% in 2 hours . You could make above 10x gains in a scenario like that. But usually you would catch maybe a 0.5% dip not 1.9%. You have to be absolutely sure that what they say will drop the market though and its diffcult cause you gotta learn all kinds of technical terms and make a decision in less than 2 minutes
Debit spread for a month is decent. Call for a month out has *better* but not great risk/reward. Just doing Margin or 3x ETF on SOY or QQQ will probably give you the best balance if you’re looking to aggressively grow capital
You might be able to do better than this; but I vote for 100% in VTI+VXUS (whatever percentage you feel comfortable). Sounds like you are a long-term investor. -Over 20 year horizon: very few can beat the index: (https://www.spglobal.com/spdji/en/documents/spiva/spiva-us-year-end-2020.pdf)...I know some large cap growth fund can beat VTI; but that wouldn't be a fair comparison. to be fair you have to look at large growth index...over 20 year time period only 3.54% beat a large growth index (ie. VIGAX) -individual stock: i suppose 10% is not a big deal: won't make or break portfolio...but if I were to tilt to these tech stocks, then I would just do 10% QQQ (so 90% VTI/VXUS + 10% QQQ). Stocks come and go. in 2001 (20 years ago: GE was the #1 company: (https://etfdb.com/history-of-the-s-and-p-500/#2000) only MSFT remains in the top 10 in today.... -Sounds like you are financially secure...set it and forget it: and spend the time with the people you love and do things you love to do.
>So since inception until Jan 14, ARKK has returned 332.7%, QQQ 297.2%, SPY 163.8%. Here is the clear example of the statement "**Past History does not Guarantee Future Returns**"! The main growth of ARKK in the past was 1) TSLA 2) Bitcoin. Removing these two from the past, QQQ and SPY will beat ARKK in the past. At present, both (TSLA & Bitcoin) may grow but may not be exponential way to pull ARKK against SPY and QQQ. Now, do you DD and find out whether and how ARKK will fare against QQQ & SPY? BTW: I knew one friend made $500k into TSLA that is worth 20M which is beyond any comparison.
This time it is different. Fed needs to cut down inflation, or satisfied with 5% annual inflation rate moving forward. Our national debt is too high. We need to make the stock market halved to reduce them in a meaningful way. This is the only way to save the country in the long run. If I am JPow, expect QQQ $200 within a year.
1. Specifically, selling a cash secured put has limited (not infinite) loss. Especially if this is an option for an ETF like SPY or QQQ, that you don’t mind owning long term, seems like a lower risk option. What do you think? 2. Got it, thank you.
IMO if you want to do this strategy for whatever reason, you’d be better off holding the underlying 100 shares of QQQ and then selling covered calls at whatever delta seems reasonable risk for the premium to you. then when things drop or crash below certain EMA/MA levels close your covered calls and just hold off on selling CC to avoid the risk of missing capital gains. This is involves a degree of timing the market but compared with etfs like these that automate it you have greater chance to miss out on capitals gains which is usually much larger than the premium you collect. Especially if the premium is destroyed from a recent fall in price and you sell the call. I don’t see the point of this financial product other than duping people who see the high yield number so they can collect their etf expense fees every year. Remember people, the first rule of Wall Street is to make money for Wall Street.