1.Is there any reason not to invest in levered funds like TQQQ and QLD long term? I’m fully aware of their heightened market risk and compounding risk, but I’m young, not risk-averse, and investing for the very long-term. As such I see no reason to go with regular market index ETFs when historically their levered counterparts have been doing quite a bit better return-wise (especially when you dollar cost average your contributions)
2.I just finished my undergrad in finance and you basically have my dream job. I’m taking courses on Python, machine learning, trading systems and risk management right now. I also read papers from the field whenever I have time. What advice could you give for getting from where I am now to being a quant? Is there an entry level job that would be a good foot in the door to get there?
God_In_A_Bomber2 karma
Hey Marco! Two quick questions.
1.Is there any reason not to invest in levered funds like TQQQ and QLD long term? I’m fully aware of their heightened market risk and compounding risk, but I’m young, not risk-averse, and investing for the very long-term. As such I see no reason to go with regular market index ETFs when historically their levered counterparts have been doing quite a bit better return-wise (especially when you dollar cost average your contributions)
2.I just finished my undergrad in finance and you basically have my dream job. I’m taking courses on Python, machine learning, trading systems and risk management right now. I also read papers from the field whenever I have time. What advice could you give for getting from where I am now to being a quant? Is there an entry level job that would be a good foot in the door to get there?
Thanks a lot!
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