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Suppose I want to hold SPY for 30-45 years+ and it might make on average 7% per year

If I just held the triple leverage SPXL for that length of time, can't I expect to make more than 7%?

What are the risks I am missing here? (I understand how in a bear market the portfolio will drop by 3x as much, but if one plan's to hold it out, what's the risk?)



Submitted April 16, 2019 at 11:17AM by Boneyg001 http://bit.ly/2XgyzE4

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