/biz/ - Business & Finance

I know we're probably nowhere near the bottom, but I won't try to time much. Never ended up well for me, missed too much trains by doing so. I'm slowly DCAing every month into NASDAQ-100 x2 leverage, to increase the overall little leverage I have on my portfolio right now. I can add more here if there are huge drops in the base index, say every -7 or -8%, I'll buy double the amount that month. And by the time we reach the bottom and maybe stay down for a bit, I think I should have a decently sized leveraged portfolio to profit from in 15 years.
I won't go triple leverage, especially not in this shaky environment. x2 is the most I'd be comfortable with, I think. And even there, it's kinda hedged by my oil positions, though I think they'll go down the shitter 2008-style once the recession is truly triggered.
Maybe I'm making a huge mistake, but gotta take a bit of risks if I want to semi-retire in 15 years or so.