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Posted on 1/13/23 at 8:06 pm to oneg8rh8r
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
Posted on 1/13/23 at 9:04 pm to go ta hell ole miss
Seeking Alpha article
This is what I was reading before I started investing in these, be sure to read all the way through the comments, it's the best real explanations I have seen.
Now that we are close to the bottom, I surely aren't calling it, but in my mind there is more room for growth than anything.
Take a 10K investment for example, the most you will lose is 10K, the upside is stupid. Invest relative to your appetite for risk.
This is what I was reading before I started investing in these, be sure to read all the way through the comments, it's the best real explanations I have seen.
Now that we are close to the bottom, I surely aren't calling it, but in my mind there is more room for growth than anything.
Take a 10K investment for example, the most you will lose is 10K, the upside is stupid. Invest relative to your appetite for risk.
This post was edited on 1/13/23 at 9:06 pm
Posted on 1/13/23 at 9:08 pm to oneg8rh8r
Okay.. I’ll check it out. Thanks.
Posted on 1/14/23 at 6:47 am to oneg8rh8r
If you like leveraged ETFs, you should add LABU to your list. At $8.xx now, potential to run 100% easy this year.
Coming off this rate hiking cycle, biotech will run ahead other sectors.
Keep watch on XBI/LABU.
Coming off this rate hiking cycle, biotech will run ahead other sectors.
Keep watch on XBI/LABU.
Posted on 1/14/23 at 6:57 am to tigercross
quote:
HMBL, ZOM
$HMBL is down 99% and will probably be delisted
Posted on 1/25/23 at 5:42 pm to SmackoverHawg
quote:
DMTK
Halfway there.
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