>>61195470
cause it relies on the AI bubble not popping. depends on how much you believe in AI or not.

you aight, but why not x10 leverage? you can reach financial independence x3 faster
just add a stop loss
and better yet, why not just the SP10? it has much better performance!
In fact, why not the SP1 on x20 leverage?
DAMAGED
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>>61195491
even if you believed in the internet in the 90s and were ultimately correct you still got rekt in the early 00s

>>61195538
sure. i always say that it is a bubble but useful at the same time. both things can be true at once. it will correct itself eventually and we arrive at the correct value for it but it will take years to figure that out cause it impacts the entire economy.

>>61195494
because those leveraged funds reset daily and you get killed by volatility. 2-3x is optimal leverage ratio for a daily leveraged ETF.
for higher leverage you need to use options.

>>61195731
This

At the top huh