I understand that when the market crashes you will be down way more but if its the s&p 500 I would just buy on discount. Getting 40% appreciation every year is worth a 1% management fee. What am I missing? Is it smart to invest in this leveraged ETF long term? Same with TQQQ?
Whats wrong with a 23 year old investing into a leveraged etf like spxl for 40+ years?
byu/ThrowawayG1775 ininvesting
Posted by ThrowawayG1775