Quote:
Originally Posted by Slava
Wait, this the leveraged ETF you’re talking about just setting and forgetting? Particularly if things are volatile, that’s not a great idea. For those to work you generally need a stable trend because it’s the volatility that kills them.
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Not a set and forget per se. At least a quarterly rebalance. I also agree now isn’t necessarily the right time to start it.
Although the rebound from December is mind boggling to me. Spy finally hits a bull market. Tech on a tear. TSLA and NVDA seem crazy lol. This is also a portion of my investments that if lost wouldn’t kill me. I’m mainly in boring boglehead type stuff. I just have an aversion to stock picking on a long time frame. Although hitting the next NVDA/AAPL would be nice.
It might also need some more active management rules around exiting when vol is high or using a stop loss on UPRO and buying backing in in after SPY rebounds.