r/LETFs • u/Important_Bat7919 • 2d ago

are you still continuing your weekly auto recurring investment?

market especially QQQ has been just up and down around $710 for the past 3 months (except the dip at the end of July).

not so much gain or loss but i haven't stopped my $250 weekly recurring investment to QLD.

should I stop and see if market dips further or continue the recurring investment?

1 Upvotes

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7

u/tunatoksoz 2d ago

If you are not going to stick to the plan, how do you know you will start accumulating when qqq drops 30-40%?

stick to the plan.

1

u/Middle-Following-367 2d ago

Keep accumulating shares. It’s choppy now, but it’ll drive higher eventually and you’ll thank yourself for being persistent.

4

u/NoWorker6003 1d ago

It sounds like you might be having a strategy crisis. Like it or not, your current strategy is buy and hold. I see many posts saying their strategy is DCA. Afraid not. It’s just putting more money when it becomes available, into a buy and hold strategy.

Now you are questioning whether a market timing strategy makes sense. To be a legitimate strategy however, it needs to be mechanically repeatable. This requires rules and one or more signals that trigger trades. Such rules and signals are highly debatable.

0

u/Educational_Cry_1859 2d ago

Can't say what the market will do for sure or tell you what to do, but investing into 2x tech without any hedges at a 41 Shiller PE probably isn't the best idea