You dumb motherfucker, I was simply asking a question, and referring VERY GENERALLY to something that causes the leveraged funds to decay bigly over time. Again, I was asking a QUESTION, not giving a fuking SEMINAR. I'm not going to go read a freaking prospectus to understand how a particular ticker symbol that I've never invested in works exactly when I'm asking a question unrelated to exactly how it fuking works. You are a complete idiot. And LOL and not even being able to block me. You are so stupid you can't even get that right. You fuking DIPSHIT lolol...
Using foul language helps? Okay, then. I was just asking. I honestly don't care what you two are arguing about or why you think arguing about whatever it is, is a productive use of your time. I was just curious about the ungentlemanly manner of speech, with all the F-bombs and whatnot, as if you were for some reason losing your temper sitting at the keyboard. Changing the channel, now.
%% TQQQ + qqq/ still Uptrending well; heading to $121.21+ 353.33 NOT a prediction+ not much decay.........................................................................
YOLO/HODL...a thrill of a lifetime, its all in the stock splits https://www.splithistory.com/tqqq/ https://www.proshares.com/funds/tqqq_performance_and_quote.html or buying puts on UVXY, get ready for the next reverse split https://www.splithistory.com/?symbol=uvxy https://www.proshares.com/funds/uvxy_performance_and_quote.html
lets get to the facts comparing TQQQ against QLD QLD 1st day trading Dec 1, 2004 opened at $45.28, closed 1st day at $45.38 on 2,037,500 shares for comparison using the first day trade of TQQQ TQQQ 1st day trading Feb 11, 2010 opened at $77.76, closed 1st day at $83.52 on 1,718,400 QLD on Feb 11, 2010 opened at $106.64, closed at $108.35 on 14,901,800 QLD has had zero stock splits, closing Apr 7 at $106.72 TQQQ has had a total combined splits of 96x, closing Apr 7 at $102.17 buying one share comparison from Feb 11, 2010, keep in mind all the corrections of 2012, 2016, Dec 2018, March 2020... thats 11 years +2 mths, a buy & hold QLD has gained ~$2 TQQQ with 96x spilts take the April 7 closing price $102.17 x 96 = $9808.37 minus buy price $77.76 = $9730.56 ^^^ my source for the data was seekingalpha, key facts + historical prices. To view enter your own data time stamp. https://seekingalpha.com/symbol/GLD/historical-price-quotes https://seekingalpha.com/symbol/TQQQ/historical-price-quotes then there is the stocksplit history https://www.stocksplithistory.com/?symbol=gld https://www.splithistory.com/tqqq/ E&OE