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Leverage the index is just a dumb strategy that works. If you bought TQQQ ten years ago, you made more than 70x your money. I bet you the next ten will also see
by internetslave 6y ago
Leverage the index is just a dumb strategy that works. If you bought TQQQ ten years ago, you made more than 70x your money. I bet you the next ten will also see wild returns.
I used to work in finance. I’m sorry that you’ve been reading that index funds are the end all be all, but they’re really for people with no time or no brain cells.
If you were leveraged in March and held through the draw down, you are massively up.
NYC is full of prop shops with a few employees making 100% returns on a five million dollar portfolio. Just because you’ve never heard of those places doesn’t mean they don’t exist.
Stop polluting the world with your middle class ideas of money management