+ Watch SPXL
on My Watchlist
Leveraged ETFs inherently decline over time due to how they are structured.
Leveraged S&P overtime will outperform by its structure. Need to buy on dips or pull back.
Looking for a bounce in the markets and possibly oil.
Over the long-term I think the big caps will be up. I think it's the way to go
long 15 this triple levered ETFused paired trades to try for a cash (neutral) position of the rest of my CAPS portfolioCan I match the S&P with a 15% position in a tripled levered ETF??there was an article in the WSJ saying this was a good portfolio so I am tying to do that.Will it work, who knows, but trying things in CAPS is a good way to learn.
I'm going to watch this closely and try to sell out before the next crash
Got a long time frame, like 20+ years? Lever-up and close your eyes!
ETF = Expect To Fail
If we are truly in a confirmed bull market SPXL will reward you 3x the return of the S&P. I am living testament that holding leveraged etf's for extended periods of time can be very rewarding.
At 3x the S&P, this will outperform the index on the upside, but underperform in a down market.
Leveraged ETFs will lose money due to extreme commissions (from trading illiquid derivatives daily) and constantly buying high and selling low.
Get out of everything, the next 2008 is coming.
This kind of triple ETF will always underperform over the long run due to the way it is constructed. Note: I am not saying you cannot make any money holding this ETF, just that over a prolonged time it will lose money. I have now harvested positive scores on a 3x ETF and its inverse 28 times, yielding 490 points and 50 for 50 on my accuracy (6 times my harvested score was positive, but dropped below the magic +5 number).
greek debt, leverage, unemployment-- i think things are going to get worse before they get better
Buying on this being greatly oversold.
This might not be the best day to be bearish on a long ETF. But I think the volatility will eat into the gains over a few months, and a start limit of 76 might ultimately give me some CAPS points for an underperform pick.
Stock market is going up, this stock will go up 3 times it!
The game is about up. Time to short.
When you look at the internal costs and statistics of these leveraged instruments, they must all underperform the market over time. If I could, I would short them in real life.
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