The ProShares UltraPro QQQ ETF (TQQQ) is being reported as excessively leveraged. Some outlets are suggesting alternative investment options, such as the QLD ETF, which is described as a 2x leveraged Nasdaq-100 ETF that may offer a better balance. The TQQQ's leveraged nature is also raising concerns about time-decay, leading some to recommend other investments like SSO and QLD for long-term investing.