When do you consider taking profits with leveraged ETFs? If the Indices decide to tank the value of the ETFs would drop significantly.
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When do you consider taking profits with leveraged ETFs? If the Indices decide to tank the value of the ETFs would drop significantly.
If the indices tank, the TMF (Treasury long term) will be the new winner and so you put the money into the TMF! That's why I have the TMF as one of the four, it'll take you out of the stocks and into the safety of treasuries during market declines.
@haejin What do you think about adding UGLD (3x Gold) to this portfolio? Could gold prices spike in the event of a larger market correction? Thank you for your time and I appreciate your insight.