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> On a longer time-frame, months, years, these funds trend towards zero. Over the past 10 years, TQQQ is up ~150x and UPRO ~50x.

• anonu 5y ago
  The great thing about a 10-year lookback today is that you dont include the 6-sd move that was the 2008 GFC.
• spaetzleesser 5y ago
  The last decade has seen a massive effort to prop up all asset classes including stocks at any cost. This can't go on forever and won't. I have seen the 2000 .COM crash and the 2008 crash and at the moment it feels the same as when it was leading up to the crashes. There are plenty of people whose only experience is always rising markets so they think this will keep going on (it will until it doesn't). Same could be said for tech workers. I think a lot of them will have a rude awakening in the next few years when they realize that their great jobs were not because of their own brilliance but because they were lucky to ride a huge bubble.