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akak1344 Male ID: 102267486
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    akak1344 commented on
    $Futu Holdings Ltd(FUTU.US)$ Don’t let emotions come into play. If you feel it is time to take lose, then take it and consider it as learning lesson. If not, hold or buy more.
    I have already cut my loss.
    3
    akak1344 commented on
    Is there any reason I shouldn’t expect an average +15% return annually from $SPXL (or similar) over the next 30-40 years?
    $Direxion Daily S&P 500 Bull 3X Shares ETF(SPXL.US)$
    I seriously don’t understand why this isn’t a no brainer stock. Sure, some years are gonna be +170% like this years (due to S&P having a monster 40% year). And then every recession will go down 30-60%. But what other stock wouldn’t…especially as it represents the s&p 500 just 3x.
    But I fully plan on NEVER SELLING and buying probably $1000 every year for the next 30 years and I see zero reason why that investment could average 15% every year.
    I’ve been trying to convince myself into getting into Real Estate investing, but this feels safer to me somehow and way less work.
    Thoughts?
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