/biz/ - Business & Finance

>>19739390
Couldn't have said it better myself but I'll try anyway
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse doing nothing at all.

>muh volatility decay
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

>>18956631
Here's something I wrote a while back so the numbers have changed somewhat but the point still stands. SSO right now is above SPY since 2007 even with this latest epic dump.
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.

>>18728850
>is SPXL safe to go nearly all in on?
Not a dumb question at all and yes there are some risks to consider. There's the issue of volatility decay which means in a highly volatile environment the leveraged ETF will tend to perform under expectations. It's less of an issue with index and sector based stuff but leveraged commodity based ETFs should never be held long term. SPXL shouldn't be a problem though. The second issue is should SPY drop more than 33% in a day there is the risk of SPXL being liquidated however note that since the NYSE started this has never happened where the broad index dropped that much and now we have circuit breakers so it's even less likely.
My suggestion is to go half in SPXL and half in TMF the leveraged treasury ETF that way if stocks take a shit you have a chance of still making money on bonds and vice versa. Just rebalance periodically.
Also, here's some pasta I wrote a while back on the subject, the numbers have changed but the point stands:
SSO is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains.

>>18618037
>leveraged ETF decay
An important consideration I addressed a while back. The bottom line is avoid commodity based leveraged funds but don't get scared away from index/sector based stuff. Here's some pasta, the numbers have changed some since the virus situation has worn on but the thesis remains.
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains.

SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

>>18330250
Here's something I wrote a while back regarding this very point. The percentages need adjusting but the main idea stands
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity.

>>18051382
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

Hello frens. Now's a good time to dollar cost average into leveraged index ETFs. The market's going to go back up so start now.

THREADLY REMINDER DON'T PANIC
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

>>17543870
>>I can make no augment, compelling or otherwise, for the market to rise in real terms in the next year
>Cool. Doubling down on shorts and gold
Actually I was running out the door to have dinner with my wife so didn't have time to address your specific macroeconomic concerns.
All that said, lemme give it to you straight, Bobo. I have 2 fundamental beliefs about the market. 1 is that the price in the long term will be higher than it is today. Secondly, in the short to medium term the price will go up and down. When the price is down I buy. When it is up I hold. The entire explanation is as simple as that. The following is a more concrete example I have been posting all week but I'll post it again for posterity:
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

Let the record reflect I have been shilling long leveraged ETFs all week and every anon and his dog told me I was stupid and should be buying inverse ETFs and puts. The very day everybody that told me that was leveraged the highest anticipating the market dropping we have the biggest Dow point increase in 10 years. Oh, and the golden child Robinhood goes down all day and the bears can't get out. Maybe listen next time. I tried to tell people they couldn't time markets and it could pop at any time and the perfect storm has now happened. It popped and you couldn't get out. I wish I had screencapped the bear posts arguing with me.

>>17514398
All jokes aside, I'm slowly entering long positions on certain leveraged ETFs as the prices get better and better. I've only bought a little now but if the crash keeps going and results in the S&P hitting -30 or -40% I'll buy a whole lot more. Read the following and give it some thought.
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we
>>17514450
>I hope the Bobos win. I hope the bulls get their skulls bashed in.
Bobo always lose in the end.

Did you listen to the prophet?
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

>>17481395
*ahem*
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

>>17476142
>Am I the only one buying this all the way down?
No fren
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

I know some are tired of reading this but some haven't seen it and right now is when they need to read it the most:
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

>>17465804
>>17465836
>SOXL
Just hold it, anon. Don't be afraid. Consider the following.
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008 hence we will refer to it though SOXL would work just the same. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

Posted in the last thread but it, um, bears repeating
SSO is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Financial Crisis of 2008. Had you bought SSO at the top of the market before the recession in October 2007, as of now you would have 180% gains. SPY bought on the same day leave you 98% up. So had you bought the 2x ETF at the worst possible time, you still would have almost double the gains now.
Remember this the next time somebody brings up leveraged ETFs and volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>Why not just go short with SQQQ, SOXS, et al?
I have some short contracts in Russell 2000 futures as a bit of a hedge but after doing a lot of thinking and taking into account the success rate of market timers (dismal), the bulk of my strategy through this is to go long the /ES and with SOXL at major support levels as we go down while keeping my RTY shorts for entertainment. I've never met a rich market timer, especially one who can consistently switch between shorts and longs, however I know a few millionaires who go long only and take special advantage of instances like now where prices are plunging across the board. If you can pull it off though, my hat's off to you and I look forward to hearing about it in a future /smg/. But, personally while I'm really good at going long in the right spots and selling at resistance (I turned $2500 into a few hundred thousand in the 2018 crypto market), I don't think I'm lucky enough to flip flop between shorts and longs. Maybe some day.

SSO is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 180%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we