Im pretty confused on why people are saying you shouldn’t hold on to a leveraged ETF for longer than a day even if the market is in a bull cycle. I mean if you look at TQQQ which is the nasdaq 100 leveraged 3x, it went from $13 to $115 in 5 years. Is there something I’m missing? Assuming i bought 1000 shares of TQQQ at $13 5 years ago, would i have 1000 shares today at $115 now or is there a fine print I am missing?
Submitted October 04, 2017 at 09:49PM by ScienceGuy9489 http://ift.tt/2fRYIct
