ETFs Of The Month: TQQQ, UPRO, URTY

Have you ever asked a question that you didn't want to know the "real" answer to?

Such as "why not dollar-cost average monthly into triple-levered index funds for the next several decades?"

My brief research led to the following answer:

The risk with this investing strategy is to sell too late.  An 80-90% decline at some point in the future seems inevitable.  I will be required to time the market by "getting out when the getting is good."  Of course, if the declines occur in the early and/or middle years, DCA'ing will work its magic.

The hedge to this risk is the tiny percentile allocated numbers at the bottom of this post.

Boilerplate time...

As a stretch goal: for dividend income purposes, I'd like this portfolio to eventually be as much as a 50/50 split between stocks and yield. As seen below, it is currently 52/48.

I am in no rush to flip into yield. I would rather let my winners run forever. However, if in any given month I see no stocks that present themselves as especially good buying opportunities, I have no reservations in simply adding to my bond, preferred stock, and/or index covered call ETFs. It is truly a month-to-month situation (as it has always been!).

For the foreseeable future, I want to track my Big Five Two every month, whether I buy them or not.

Amazon (AMZN)

• $1.63T market cap
• no dividend
• $419.1B revenue
• 44% revenue growth
• $73.3B cash
• $101.5B debt
• $67.2B operating cash flow
• $31.4B free cash flow

Microsoft (MSFT)

• $1.87T market cap
• 0.9% dividend yield
• $160.0B revenue
• 19% revenue growth
• $125.0B cash
• $81.7B debt
• $72.7B operating cash flow
• $37.8B free cash flow

Here's my current portfolio (buy and hold). As always, I believe in all of these stocks/ETFs - until I sell them.

Microsoft (MSFT) 13.25%

Amazon (AMZN) 12.58%

Global X U.S. Preferred ETF (PFFD) 12.57%

iShares Broad USD High Yield Corporate Bond ETF (USHY) 12.42%

Xtrackers USD High Yield Corporate Bond ETF (HYLB) 12.34%
Invesco NASDAQ 100 ETF (QQQM) 6.42%
Alphabet (GOOGL) 5.12%

Global X NASDAQ 100 Covered Call ETF (QYLD) 3.40%

Facebook (FB) 3.10%
Invesco NASDAQ Next Gen 100 ETF (QQQJ) 2.89%
Intuitive Surgical (ISRG) 2.50%

Global X Russell 2000 Covered Call ETF (RYLD) 2.29%

Global X S&P 500 Covered Call ETF (XYLD) 2.19%
UnitedHealth Group (UNH) 1.46%

Visa (V) 1.31%
Costco Wholesale (COST) 1.28%

Verizon (VZ) 1.27%
AT&T (T) 1.26%

ProShares UltraPro QQQ (TQQQ) 0.03%

ProShares UltraPro Russell 2000 (URTY) 0.01%

ProShares UltraPro S&P 500 (UPRO) 0.01%