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SSO, QLD, DDM vs. SPY, QQQ, DIA

QuestionsCategory: QuestionsSSO, QLD, DDM vs. SPY, QQQ, DIA
Jill Miller asked 6 years ago

When you have time (no rush) can you explain why you use SSO, QLD, DDM instead of SPY, QQQ, DIA?  I don't have a good understanding of what they do but I have heard that the leveraged ETF's are not meant to be buy and hold positions.  Something about they rebalance and will overtime loss value?
Thanks in advance!
 

1 Answers
Avatar photoOwen Staff answered 6 years ago

Hi Jill,
Video from Pat:
https://youtu.be/khf7DyCMChg