2011 - 2023 was a strong market. How would this strategy have done from 2000 - 2009?

As Henry Wadsworth Longfellow said, 'when she was good she was very very good. But when she was bad she was horrid.'

Better make sure your life insurance covers jumping out of a skyscraper.


Growth of $1000
Actual, week close-to-close, 2/12/10 to 6/16/23
QQQ:: $8408
TQQQ: $94,324

Computed from yahoo daily data:
QQQ: $8425
3X:: $102,641

Computed vs actual is close. Chart of TQQQ and 3X the lines are largely on top of one another.
Therefore the computation is close to being real life.

Computation applied to the actual QQQ data, 3/10/1999 to 2/10/2010, daily close to close:
Growth of $1000:
QQQ: $842
3x:: $13 (not a typo)

The good(?) news is that 3X would then grow to $1450 by 6/16/23.

I had always assumed that when they said "daily return" it meant open-to-close. But close-to-close fits the actual data.

Mechanical Investing FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.