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re: Give me your Stock Pick to double your money in 2023

Posted on 1/12/23 at 7:20 am to
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2708 posts
Posted on 1/12/23 at 7:20 am to
SOXL, TQQQ, UPRO and XLE. These are leveraged funds, not really meant for buy and hold, but I do and they make a killing if you pick the right entry points.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2020 posts
Posted on 1/12/23 at 7:59 am to
Fubo is an easy double, Roku might if their TV set numbers hit.

Posted by go ta hell ole miss
Member since Jan 2007
13664 posts
Posted on 1/13/23 at 8:06 pm to
quote:

SOXL, TQQQ, UPRO and XLE. These are leveraged funds, not really meant for buy and hold, but I do and they make a killing if you pick the right entry points.


How are you making money buying and holding the TQs? The Qs have been down for the last six months, 12 months and two years. The TQs have almost mirrored that over six months, 12 months and two years.

Resets/decay make it almost impossible to buy and hold leveraged funds long term.
This post was edited on 1/13/23 at 8:10 pm
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