[tehlike]

In a similar fashion, it will tell you to stay away from many different ways of portfolio construction where you take on smarter risk with diversification.

It will tell you something like TQQQ is not a good long term hold, when it can be perfectly fine especially if you mix in with 60-20-20 with TQQQ-GDE-ZROZ, and DCA and annually rebalance.

AI will tell you "common" things people say, not necessarily smarter things that may be more suitable for you. This is not a bad thing, you just need to know better than to listen everything as a gospel.

[joshuamorton]

> It will tell you something like TQQQ is not a good long term hold, when it can be perfectly fine especially if you mix in with 60-20-20 with TQQQ-GDE-ZROZ, and DCA and annually rebalance.

As someone who long-term-holds TQQQ (I am lazy) it is pretty much true that holding TQQQ doesn't make sense. It is basically unambiguously better (ie. the risk-adjusted returns are higher) to directly hold options that construct the same amount of leverage over the time period you want to be leveraged over.

[tehlike]

> 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]

Look up “nonconvexity”. TQQQ during draw down will kill your gains.

[tehlike]

Look 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.