Subject: Re: OT, more on my DITM leap strategy
I personally wouldn't own QQQ. It seems a pointless concoction to me. It is so amazingly concentrated in just a few firms that it makes no sense.

MSFT AAPL NVDA AMZN META AVGO GOOG/L TSLA COST

The same 10-15 stocks as in just about all the major ETFs & indexes. SPY, QQQ, IWB,
The only significant difference between these major indexes is the exact weighting of the top 10. The actual stocks are almost the same.

Might as well just go ahead and buy these top NN stocks yourself, maybe equal weight.
When these go down, the whole market will go down hard. Doesn't matter what stocks you own, they will go down too. Even BRK.

Just looking at IWF & IWD (Russell 1000 Growth & Value) these have no stock in common in the top 10.
Yet the 24 year returns are almost the same. 7.27% and 7.36%.
The 50/50 annually rebalanced and SPY are even more identical. 6.25% and 6.20%. The chart lines at portfoliovisualizer for these two are on top of one another.

I am inclined to agree with you about QQQ. IWD looks better. QQQ lagged until 2020.


Heh, just getting back from town, saw this headline on yahoo: 'Magnificent 7' power stock surge after CPI-fueled sell-off
"Members of the "Magnificent 7" tech stocks helped lead the rally with Apple (AAPL) and Nvidia (NVDA) both up more than 3% while Amazon (AMZN) gained more than 1.5% to hit a new all-time high."


To tell the truth, I'm really thinking that it wouldn't be such a bad idea to just bag everything and put it all in AMZN.
In the late 90's I bought some AMZN in my mother's account at 60, and sold it a year or so later for also 60.
But 60 after 12-1 splits.