/biz/ - Business & Finance

>>18304422
>Dude, just buy as many shares of SOXL as you can and hold it for a year. Easy money at these levels, no effort.
I don't know if 3X leverage is optimized for long-term holding in the semiconductor industry

>>18304415
On the other hand, SPXL actually is optimized for long-term holding of S&P.
If you're truly a pussy, then SSO is redeemable.
Here are some facts:
>If you shorted at the bottom of the 2008 recession, you'd never make your money back
>If you went long at the peak prior to 2008, there'd eventually be a greater peak, so you'd make your money back
>Your timing skills are shit. You're not going to be able to call the absolute bottom. "Time in the market beats timing the market"
>Those shares are on fucking sale right now. If you bought, it might go lower... But you didn't buy at the fucking peak.
>If you short right now, we don't know if it'll go lower. You might fuck up your short because it can't stay low forever!
Take advantage of this fire sale!
It's always a good time to bull-fag because you always win in the long run!
It's always a good time to go long, and you should go long now!

>>12739258
Grim!!1! :D

>>12397714
I bet that's a copypasted Frank Underwood quote or something

>>12367163
Grim :D