Please don't interfere with these ETF'S that are leveraged. I've made very good money trading TQQQ over the years and for those that just hold it; it's compounded about 49% each year! I hold QQQX because it pays a phenomenal dividend. I also love URTY to capture small caps. There are several of the pro shares I like. Look you can lose money in anything. These last two months I've been killed with stocks like Zoom, Paypal, even Alphabet because I bought in after the split announcement so my cost basis is too high. Personally I love the margined-magnified ETF's.Yes it hurts on down days but love it on up days. The volatility makes for great trading. Look, these still represent a very broad and diversified group of great companies. TQQQ and QQQX represent about 110 Great companies across a number of industries; so I don't view it as risky. It's never going to go bankrupt it just a matter of what's the share price? Please LEAVE these issues alone. Btw, I'm turning 69 in May 23! Thank you and Best
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Ken Peters Comment On Regulatory Notice 22-08
Please don't interfere with these ETF'S that are leveraged. I've made very good money trading TQQQ over the years and for those that just hold it; it's compounded about 49% each year! I hold QQQX because it pays a phenomenal dividend. I also love URTY to capture small caps. There are several of the pro shares I like. Look you can lose money in anything. These last two months I've been killed with stocks like Zoom, Paypal, even Alphabet because I bought in after the split announcement so my cost basis is too high. Personally I love the margined-magnified ETF's.Yes it hurts on down days but love it on up days. The volatility makes for great trading. Look, these still represent a very broad and diversified group of great companies. TQQQ and QQQX represent about 110 Great companies across a number of industries; so I don't view it as risky. It's never going to go bankrupt it just a matter of what's the share price? Please LEAVE these issues alone. Btw, I'm turning 69 in May 23! Thank you and Best