What I Am Buying Today.

[NilesMike]

(10-30-2021, 08:20 AM)fenders53 Wrote:

(10-30-2021, 08:09 AM)NilesMike Wrote: UPRO held from 2010-2021  10K= 339K with a 60% Drawdown

SPY 10K= 51K with a 19% Drawdown

So, one could say 3X risk with 6X superior upside.

Actually a pretty good deal, IMO. 2K into UPRO beats 10K in SPY

And the back test period skips the two worst extended drawdowns in my entire investing career.  It does cover the best bull market ever.  But you knew that. 

It's as far back as UPRO goes unfortunately.
Maybe we can extrapolate that back, but I'm off to buy a new toy car. Show pics if I get it!