/biz/ - Business & Finance

>>56938229
So why don't I just put in 100k to some 3x spy ETF then every 2.5 years approx take out 100k as it doubles and invest that into something safer and live off of that for forever? As long as SPY in general goes up over the next 2 - 3 or even 5 year period you are good to go with this. I haven't heard any good argument against this. Sure it's risky, if the market crashes in the next 2 years you might get fucked, it's a risk but in general how often is the market down in a given 2 year period? Just look at UPRO, TQQQ, or SPXL returns over the last 5 years. Sure, might not be that high going forward, but unless China invades Taiwan or some shit you should be good. Hell even if it does the US gov will just print more money to fund the war and stocks will probably dip then rally.