Hi guys. Based on how leveraged ETFs work, would holding a 3x leveraged SP500 fund such as UPRO as 33% of a portfolio plus 67% cash, rebalanced daily (assuming no commissions), equal or very nearly equal the returns of a portfolio of 100% SP500?
After doing quite a bit of research this seems to be true, but I'd like further confirmation. Thanks!
Submitted March 01, 2019 at 09:53PM by kimagical https://ift.tt/2GUiVKI
