/biz/ - Business & Finance

>>54316025
Again either read to figure out what a leveraged ETF is or don't. The underlying is the original asset. In the case of SOXL/SOXS it was SOXX (it's slightly different but beside the point of this post.) BOIL and KOLD both share the same underlying asset. The Ultra Bloomberg Nat Gas Subindex. Like I said you need to go read and understand what you're investing in. I've tried to explain this in terms that a 8th grader could understand with my apple scenario for you. If you want to continue your ignorance that's fine but glorifying it as "wise" or "intelligent" is foolish.

Now despite being so helpful to you. I am so obligated to call you a nigger. Nigger.

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