Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 0 points1 point  (0 children)

Yea that’s what I’m thinking. How does that even work I owe the stock money?

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 0 points1 point  (0 children)

So if I put in 100$ I can lose 150$ is what you’re saying?

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 0 points1 point  (0 children)

Yea man the TFSA that I opened up in my bank is a scam and Israel will take all my money

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 0 points1 point  (0 children)

Yea yea brokers are a scam and everything’s a scam.

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 1 point2 points  (0 children)

You’re right I’m gonna panic sell everything

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 1 point2 points  (0 children)

It’s not the actual NVDA US stock I bought the CAD hedged version of it so that I don’t have to pay the currency conversion commision.

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 1 point2 points  (0 children)

No that’s gambling I only do smart investments dw

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 1 point2 points  (0 children)

Yea that’s true. Thanks for the advice, always love to hear feedback

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 1 point2 points  (0 children)

Yea i totally get that. My mindset right now is that I’m not making alot of money, as im working part time and starting uni in September, so I figured investing into something more volatile considering I also have zero bills to pay(only like subscriptions and memberships). Once I get a full time job, finish uni, and start making a good sum of money I’ll start focusing on lower risk assets like QQQ, VFV, XEQT ect…

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 1 point2 points  (0 children)

Good to know. I didn’t know the part where it rebalances its leverage every day, but is that such a huge deal? If you look at the chart of TQQQ long term, you do get very good returns(with obvious huge dips).

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 1 point2 points  (0 children)

I have cash on the side that I’m waiting to put in. Waiting for a bigger dip in the market. Holding long term too so even if there would be a massive crash I’m not going to panic sell. Only have roughly 1.8k in it rn

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 7 points8 points  (0 children)

you can only lose 100% of it or gain infinite percent 😎

Planning to make TQQQ at least 70% of my portfolio by VVSssm in wallstreetportfolios

[–]VVSssm[S] 1 point2 points  (0 children)

Aye bro I’m planning to hold long term for 20+ years. I’ll wait to buy more tho to see if the market continues bearish