My mom’s retirement money all in on SPXL

    https://i.redd.it/k8iflszcahwg1.jpeg

    Posted by 109_Le_Banane

    21 Comments

    1. 109_Le_Banane on

      As the optimal leverage of the S&P 500 is between 2x-2.5x, I’ll gradually invest into SSO to dilute my portfolio’s total leverage.

    2. I mean even though this is 3x leveraged, it’s on SPY so the volatility isn’t that different from the Mag7 or other tech stock. Not the most retarded play I’ve seen today. However going all in at ATH when we just had a 10% dip is hilarious.

    3. HowDoesIAdult on

      If you had done this a couple weeks ago it would have been smart and had great results. 

      My current prediction is that you will paperhand this after watching it drop 20% in the next few weeks.

    4. SouthNice7324 on

      You are investing in leveraged SPY stock when it is at an ATH after a huge run up. You have bigger balls than me

    5. TheRealMrMadMike on

      If this is true you’re a douche bag and this should be down voted to fucking infinity

    6. CarnageAsada- on

      Jesus some people are born stupid and die stupid. You can’t just go lose $1000 at a casino like a normal degenerate!? Why stop there go full stupid and lose all of your mothers life savings.

    7. Astronaut100 on

      Dude. If you really want to risk your mom’s retirement money, at least do something halfway reasonable like buying QQQ. Leveraged funds can bite you hard when they go in the wrong direction.

    8. Electronic_Sleep2749 on

      If true, you are not a regard. You’re just terrible little shit. I hope it goes ok for sake of your mom. I hope you get smacked

    9. Automatic-L0ss on

      Title should actually be “Dumb son ruins trusting mother’s retirement.”

    10. Very smart, keep it up. Dm me and I can put her in touch with my pimp when she loses everything 

    11. SeeYaOnTheRift on

      Seeing this makes me feel better after seeing that post by the guy who made 20% in 2 years buying ‘undervalued blue-chip stocks.’

      You are a degenerate gambler and a retard. You belong here.

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