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> I am lazy > directly hold options that construct the same amount of leverage A lazy guy on hackernews, with knowledge on TQQQ, options. You are making my ca
by tehlike 2mo ago
> I am lazy
> directly hold options that construct the same amount of leverage
A lazy guy on hackernews, with knowledge on TQQQ, options.
You are making my case.
Holding TQQQ vs doing with options are different in many ways. You will get a tax drag that you need to be mindful of.
You are also not saying something that goes against what I said. The reason LLM says TQQQ is not a good long term hold is because it can go to zero or near zero due to leverage - which is "technically" true. You are saying something else.
I am also lazy.
- drivebyhooting 2mo agoLook up “nonconvexity”. TQQQ during draw down will kill your gains.
- tehlike 2mo agoLook at my suggestion to include 40% hedge so that you can buy the lows. Also look at the chart. It did have 2000 as a terrible time, but if you were hedged you'd be more than fine now.