LogFAQs > #944639238

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Topic	Stock Topic 11
red sox 777 09/15/20 2:59:56 PM #63:	Nanis23 posted... The only reason the stock market is going up is because I am still holding SQQQ (well, it only amounts to 20% of my portfilio but still) And yes I finally realized how dumb I am for going with the leveraged ETFs to begin with The thing is - if you have triple the money you invested into a triple ETF laying in cash, then there is no fucking reason to invest the money in the leveraged ETF instead of the regular ETF. There is not a single advantage. Only disadvantges And I do have the money... Sell SQQQ while you can still get some money back. That thing has an expected value of something like -85% per year. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:944639238] in Stock Topi... [t:78968497]...</cite> <quote>Nanis23 posted... </cite> <quote>The only reason the stock market is going up is because I am still holding SQQQ (well, it only amounts to 20% of my portfilio but still) And yes I finally realized how dumb I am for going with the leveraged ETFs to begin with The thing is - if you have triple the money you invested into a triple ETF laying in cash, then there is no fucking reason to invest the money in the leveraged ETF instead of the regular ETF. There is not a single advantage. Only disadvantges And I do have the money...</quote> Sell SQQQ while you can still get some money back. That thing has an expected value of something like -85% per year. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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