Leveraged

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Hi Friends,

I had a 14% jump today in my 3x leveraged semiconductor stock today:

IMG_7323.jpeg

Nvida had a big day, and it took so may others up with it. Leverage can be good or bad, depending on which way your asset is going. A home, for example, is leveraged when you don’t have the money to pay for it and get a loan - you have more asset than you would have otherwise had, so when it goes up, you are capturing gains on a higher price, but paying interest for the opportunity to have the leverage.

When it comes for ETFs, these leveraged products can underperform when the market is sideways due to higher fees, but can also rip much higher when the market is rising.

I bought this one at $9 per share, so I am up pretty big on it over the last 2.5 years.

Thanks for coming by,
Brian

investing stocks technology
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17 comments
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You received an upvote of 95% from Precious the Silver Mermaid!

Please remember to contribute great content to the #SilverGoldStackers tag to create another Precious Gem.

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Wow. If you bought it at 9 per share, then you're up more than x4. Congrats.

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I think the investment is a good one and I hope the price continues to go up and you get to take some profits. Thanks for writing and have a great day.

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You are absolutely doing great

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The investment seem cool
Nice one!

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I am also buying a coin. But a lot of damage is being done. So I started buying. I can wait for it right now.

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Thank you for your witness vote!
Have a !BEER on me!
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Anyone who is patient will definitely get a profit

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A good bounce can yield good profits. Therefore it may be profitable to sell now. thanks for sharing

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when will you sell it?
!PGM

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You are making the right choice

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