Yes,50%TQQQ/50%GLD is what I am looking for. If there is no 90% drop, TQQQ will make more. If there is a 90% drop, the Gold injection will make more.
But wmwmw, when you say: If there is no 90% drop, TQQQ will make more. Don't you mean that leaving your $$$ in GLD will make more, since you are only switching your GLD money to TQQQ if there has been a 90%+ drop?
That's why you should not invest in those leveraged ETFs. Plain and simple simple. They work only for short term trading.
Here's one with a negative correlation to TQQQ. https://www.portfoliovisualizer.com/asset-correlations
So, as I said. Same old story. Pikers without money want to sit at the big league table. Guess what inevitably happens each and every single time...
Did you read my other posts? I guess you only read one of my posts. That is why you think TQQQ is not a good long term investment. Plain and simple.
None of the leveraged instruments are. It does not matter what you write or think about them. Even the fund sponsors warn of this.
If you want to hold VXX for long term you need to learn a word: contango. If you hold VXX more than 5 years you lose like 90% of its value due to contango.
If you hold all TQQQ from the inception,and there is no 90% drop, you make like 100 times.(the number may not be accurate.) If you hold 50% TQQQ, 50% GLD from the inception,and there is no 90% drop, you make like 50 times.(the number may not be accurate.) If you hold 50% TQQQ, 50% GLD from the inception and there is 90% drop in the first year, you inject GLD in the first year, you make like 280 times.(the number may not be accurate.)
LOL, wat? I'm very confident I have far more money than you lol. That's not the point. This is very simple to comprehend. We are trying to come up with a portfolio that will beat the market, pure and simple. Using a leveraged product allows you to free up money you'd otherwise have tied up in a similar but non-leveraged product. So the question is can you use that freed up money in a way to make your portfolio overall better off than if you had put 100% in the non-leveraged product.