VOO or QQQ

LINK

long term, I'd choose QQQ because of Tesla.

I personally have TQQQ. I know it isn't designed to be bought and held due to the reset, but I'm OK with it.

Thanks

In March 2020 when the market sunk due to Covid, I dumped a shitload into VOO and VUG. They are both up over 40% since then. Best move I've ever made, and I usually suck at timing things. Letting it ride for the long term.

QQQM is slightly better for buy and hold compared to QQQ.

I dropped money in both, at their high point (before the 2022 decline, of course haha). I'll throw money at them periodically for very long term investment.

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70/30 VOO/QQQ may be a good balance

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Not bad advice but it depends on what you want

The qqq has outperformed voo by a lot so I would probably swing the ratio to 70/30 qqq to voo but that’s me

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I often hear [Do NOT use TQQQ as a 20 year hold strategy], and I don't necessarily disagree. But I haven't heard a good explanation. Care to elaborate?

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Jason Zweig on TQQQ (2020)

Nobody complains about the upside of TQQQ. They only focus on the magnified downside, which means "you can lose money on it even in a flat or rising market." This is the nail in the fund's coffin to him and many other people. If you're aligned with the investment establishment orthodoxy of diversifying, allocating based on age, conflating risk with volatility, etc., TQQQ is not for you. In my opinion, anyone investing in TQQQ needs a non-emotional system of buying and selling that allows you to take advantage of its volatility.

I'm not young, and TQQQ is my largest holding, so you won't find me arguing against a young investor with a high-risk tolerance doing the same. One common assumption by nay-sayers of TQQQ is that people can't handle the emotional rollercoaster of TQQQ. They assume people won't hold when the price drops drastically (as it has) or that people won't buy more shares when the price drops. If you have the fortitude and means (or planning) to do those things, then taking a long view, I think TQQQ is a no-brainer.

Texas Tea points to interest rates being the 'sole driver' of QQQ's performance. I don't see it this way. Indeed, the price of tech stocks is greatly affected by interest rates due to the discounting of future profits. Low-interest rates provide an environment for all companies to do business more efficiently and do it cheaper than they would otherwise. Low-interest rates do not explain the growth of tech stocks over a decade.

These companies have grown because they have changed the future with their inventions. They have created markets for new products and services. They have provided productivity gains and have been rewarded for those activities. Automation and AI have only just come onto the scene. I wouldn't bet against them.