So if you had $50,000 to invest, where should you put it and how much should you allocate to each asset class?
He recommends the following: 35% to Invesco QQQ Trust Series 1 ETF; 25% to options trades; 15% to SPDR S & P 500 ETF; 15% to ProShares UltraPro Short QQQ ETF ; 5% to iShares Russell 2000 ETF ; and 5% cash.
He added that he would look to cash in on artificial intelligence via the Invesco QQQ Trust Series 1 ETF.
He broke down his 40% (or $20,000) stock allocation this way: $10,000 into U.S. stocks, $5,000 into Europe, and $5,000 into Asian emerging market stocks.
Hedge against volatility Pannell, who would have a 15% hedge reserve for the ProShares UltraPro Short QQQ ETF, said investors need some downside coverage.
Persons:
they're, Jay Hatfield, Ryan Pannell, ProShares, iShares Russell, Victor Kuoch, hasn't, Pannell, Wade Guenther, Treasurys Raymond Bridges, CNBC's Ganesh Rao
Organizations:
CNBC, Infrastructure Capital Advisors, Nvidia, Microsoft, Tech, —, Condors, Wilshire, Bridges Capital
Locations:
U.S . Federal, Asia, Pacific, Europe, U.S, Taiwan