2 ms·
If you want to beat the market and you have more than 10 years to wait. put 80% of your money in spy. And 10-30% in SPXL. Rebalance monthly. Then if the market
by sharemywin 6y ago
If you want to beat the market and you have more than 10 years to wait.
put 80% of your money in spy. And 10-30% in SPXL. Rebalance monthly. Then if the market tanks more than 5% put another 10-20% more in to SPXL. If the market hits it's previous high rebalance back to original.
If the market shits more than 30% go all in. Once the market reaches it's previous high rebalance to original levels.
Btw, this isn't sound financial advice so your nuts if you listen to me.
The key is you've got 80% of your money in the S&P500 and your only playing around with a small amount of it.
- sharemywin 6y agoyou could also use TECL or TQQQ. there's couple others. It would be cool to program that into a bot and leave it alone for a while.