Putting everything else aside from this leveraged ETF, is it not true that this 3x leveraged stock has been returning ~8% per month (couple of years), even if it gets hit hard, ad 80% in a year? What else am I missing? if I accept all the risk that comes with it, was it not true that I could've gained 80% had I purchased it 1 year ago, even though it is a 3x leveraged ETF?
NOTE: I am FULLY aware it's a daily fund, and it could provide three times or negative three times the return of its benchmark. My focus is if I accept that risk, did it not grow the past year, or is there something else I am missing?
Submitted March 17, 2017 at 04:09PM by makingbread http://ift.tt/2mRFMcE
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