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I don't know if the expense costs for whatever leverage vehicles used actually go up, but they have to pay for it.. and it keeps expiring worthless... only to be bought again and again expiring worthless... yadayada. Those costs have an compounding negative effect too. The time it takes for a...

The cost of leverage drag during a bull phase doesn't seem like much with the high performance, but in a long bear market... it's a killer! We've got a whole generation of stock players and money managers who have never experienced a bear market. There will be screams of despair and cries of...

The underlying lost like 83%!

Heretic!

Maybe you're thinking "linear" when you should be thinking "log"?? (I trust my calculations are correct. I ran them twice... on my ancient TI BA-II) :)

Not sure what to say about this. However in the Nas crash after the .com bubble, one particular leveraged mutual fund (a Rydex fund, and if I recall correctly it was "only" 2x leverage) lost -97.5% of it's value. No recovering from that. Tragic story around that too for one financial advisor...

Are you asking how I came up with those numbers or how the fund managers achieved that performance?

Instead of $7.71, I get $6.32 as a starting value for TQQQ (11 years)

I took some numbers off the chart for 11 years from 02/09/2010 QQQ = 21.6% compounded annually (don't know about the impact of dividends, if any, in either case) TQQQ = 56.3% compounded annually, So... 3x, 21.6% = 64.8%, but TQQQ was "only" 56.3%. The...

Does all that booze we bought during the lockdown count for anything?

It's actually about right. In a bullish market, you get "3x the performance minus the cost of the leverage". Therefore, the actual performance is a bit less than 3x the QQQ simply due to expenses. In a bear market... you get 3x the performance on the downside PLUS the cost of leverage.... so...

My only first-hand knowledge of a crypto was with Electroneum. I was solicited to buy into the ICO @ $.01. Now about 4 years later, its low was ~.0015 and is now trading at .00415. When it debuted on an exchange, it reached a high of ~$.26. Some coiners were whining about the sellers that...

Aren't there 10,000 of them already listed on an exchange... and "all set"... but nobody is buying them? Steve Cohen has recently stated that he's going to "get into crypto in a big way soon". I doubt that means he's going to "go all in" with BTC. But with his name, any crypto he starts will...

With 10,000 of them already, can't be much to it. Getting people to invest in your coin... that's another matter entirely.

There was a story about the Shiba coin last week, but it's not on this list. ?? https://cryptofees.info/

Perhaps it will help you to understand the concept if you think of "offsetting" gains, losses, and carry forwards rather than "taking a deduction" for them. "... if last year (2020), let's say i had 20k in capital loss from stocks. Now this year (2021), let's say i have 100k in capital gains...

Nocoiner here, but it makes sense to me to be watching the "crypto fees" sites to see where the action is. Like https://cryptofees.info/ Then again, if you're hoping to catch the next lotto ticket crypto like Shiba, you'll have to scour elsewhere.

Disagree that either is important. Markets move by a small number of players hitting the bid/ask. Your only concern about volume should be "handle"... and that's only if you're making a big play.

When I first heard of and checked into crypto, there were like 1,100 different ones. My reaction was, "wow". Now I read today where there are nearly 10,000 different ones, yet only a small number are "worth it"? Which ones are those?? (There are only about 6,100 companies listed on the...

Dreamer. :)