10-29-2021, 01:50 PM
(10-29-2021, 01:28 PM)fenders53 Wrote: I just saw DFEN and DRN are both triple leveraged. If I had short term sector rotation advice I'd leverage up too and retire 10 years ago.
I know you won't listen but I would limit my leverage to sectors I was very knowledgeable in. Tech for example. You'd be less inclined to fold for no reason. I spent 34 years working for the DOD and I have never leveraged defense. I doubt you have any business leveraging the sector. Real estate is bubbly now. You want to catch the top in a 3x fund before mortgage rates rise?
Actually my plan is to eliminate my DFEN position completely next year, once all the above-water purchases are a year old.
> You want to catch the top in a 3x fund before mortgage rates rise?
Okay, maybe I don't : So you are saying if/when mortgage rates rise, the REITs will all go down in value?