Timeline for Problems with this strategy to "increase" IRA contribution maximum?
Current License: CC BY-SA 3.0
4 events
| when toggle format | what | by | license | comment | |
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| Oct 27, 2018 at 15:56 | comment | added | JTP - Apologise to Monica♦ | It doesn’t matter, there have been multiple Q&A about leveraged ETFs and how they are not suitable for long term investing. That’s what I was commenting on here. | |
| Oct 27, 2018 at 15:09 | comment | added | Ben Voigt | @JoeTaxpayer: Which ETF is "this ETF"? I don't see any particular ETF symbol or name specified in either the question or answer, and even knowing you're comparing to the S&P is not sufficient because multiple parties offer leveraged index ETFs. | |
| Nov 26, 2016 at 16:07 | comment | added | JTP - Apologise to Monica♦ | +1, but not understanding why the "triple leveraged effect" we've discussed here doesn't seem to impact this ETF. We've discussed how the daily 3X will result in far less than 3X over the long term, yet, the lifetime return of this ETF is 789% vs 124% for the S&P? | |
| Nov 26, 2016 at 14:50 | history | answered | Ben Miller | CC BY-SA 3.0 |