Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (5766)	6/29/2024 10:14:23 PM
From: jritz0	Read Replies (2) \| Respond to of 22013

RE: I will also be adding small amounts to SSO which is a 2x the S&P 500 fund. I say small because it will take a big hit in a correction but it is my belief that over time the market always heads higher. Therefore people will have to take the short term pain that comes with market volatility. I don't want too much volatility to break their spirit, so I'll keep the positions much smaller. SSO is a geared ETF that should only be held as a hedge, not a long term hold. Even if someone has the stomach to hold thru thick and thin they still won't come close to double the S&P. Long term the risk/reward is not worth it. I'm sure you are aware of this but how do you present this to your clients? They are not recommended for a very good reason. A Guide to Leveraged and Inverse ETFs \| etf.com