FAS

verified-trader

**BanBet Lost** — /u/tnguyen5057 (1W - 1L, 50%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **FAS** ▲ | $167.98 → $185.00 | +10.1% | 3w | Lost |

brucekeller

I bought $15k worth of calls at SPX \~670 and they were calls on mostly banking stuff, C, BAC, FAS etc. I sold 2 days later for a meager profit. The calls were 2 months out. A lot of those stocks tripled or quadrupled in 2 months. I try not to think about how much money that would have turned into... options were also a lot cheaper back then. Easily $1m play I think. :\\

Interesting-Iron2587

FAS spike again

Interesting-Iron2587

FAS short skeeze lovely

Interesting-Iron2587

FAS flying high

ecstaticindian

guys I have the answer:- PUTS and CALLS. here's my DD 1. What do people need?- Money 2. Who has money?:- Banks 3. Who lends money - the fed 4. Banks have had a mega hit this quarter because amazing trading \*unlike the rest of us 5. The fed announces CPI tomorrow - gonna print hot 6. hot print litereally means higher rates of interest FOR LOANS that THE FED gives - more money to THE FED 7. its literally more money coming into both the fed and banks. Here's my play by play- PUTS on QQQ because feds gonna choke on the mic. CALLS on FAS because banks about to print.

octopus_serenader

think i may grab some FAS on monday to play the week, might be dumb.

tnguyen5057

Tech is dead buying more FAS and LABU tmr

verified-trader

**BanBet Created** ▲ | **Record:** 1W - 0L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **FAS** | $185.00 (above) | $167.98 | +10.1% | Jul 27, 6:26 PM |

tnguyen5057

!banbet FAS 185 3w

PulIthEld

claude bought me FAS this morning im so proud 🥹

eeel12388

As I opened them when the price were so low. My monthly short calls accumulated premium will be able to absorb furious drawdown before positions become non profit. I have many 3x LETF I will reduce or close them when 20 SMA or bollinger band middle line start to descend in weekly chart. FAS and TQQQ 20 SMA descending early this year but I was still positive so I did not close them and avoid paying tax later I actually bought more in late March and early April. Weekly chart is easy to monitor.

eeel12388

I have leaps calls on 3x LETF SOXL, TQQQ and FAS exp Jan 27 and Jan 28, all opened during deep drawdown. On top I also sold puts the same strike price same duration of calls and sell monthly way OTM monthly calls. This structure, I am positive on time decay. Very good result so far but monthly calls some time have to roll to much longer duration to be cash flow positive. Short calls premium are very high, it helps to reduce the cost.

Weird-Comedian-8657

Har själv också kollat på denna :) ser faktiskt sjukt intressant ut. Du nämnde det mesta som jag tänkt också. Där finns ett par andra saker som också är galet intressant. Tydligen är skulden otroligt låg på 2.5 miljoner dollar och bygget för fabriken och projektet är redan betalt med bland annat 20 milljoner dollar från eget kapital. Dem har dessutom signat en 5 år deal med ett stort företag som skall köpa deras helium i ett take or no take deal från och med production i q1 2027. Det fina i kråksången är ju de koldioaxid de får upp som de kan sälja i skattekrediter till andra företag för fina pengar :) när beslutat om skattekredit för deras hälsomiljö förhoppningsvis går igenom i sommar så kommer aktien stiga till 3-4 dollar på korttid fram till produktion start 2027 i Q1 när väl de börjar och de genererar pengar och de stora kontraktet på 150 miljoner dollar blir aktivt så kommer deras market value gå från 50 musd till 150 musd rimligt snabbt vilket pressar aktien upp mot de ca 5 dollar. Dem har redan planer på FAS 2 och FAS 3 produktion. Bolaget och VD känns stabila.

ihasanemail

Yeah. I'm the FAS guy. And the ROKU guy. Held onto ROKU way too long, lost all my profit. It's all in my thread history.

neliz

I mean, the nose bridge and completely missing philtrum does suggest heavy FAS.

altonbrownie

Bears: what is it like to hate money? Does your hate of wealth come from humility or FAS or something else?

octopus_serenader

bought some FAS for this financials earnings week like a true regard.

ConradMayhew2

Not defending this infamous regime, but dictature and bloodshed in Iran started even before that, back in 1953, when the USA installed a US-friendly dictator, the so-called "Shah" > To human rights campaigners at that time, the Shah's great error was to alienate the population with torture and bloodshed. From: wikipedia, [Background and causes of the Iranian Revolution ](https://en.wikipedia.org/wiki/Background_and_causes_of_the_Iranian_Revolution) > Writing at the time of the Shah's overthrow, Time magazine on February 19, 1979, described SAVAK as having "long been Iran's most hated and feared institution" which had "tortured and murdered thousands of the Shah's opponents". The Federation of American Scientists also found it guilty of "the torture and execution of thousands of political prisoners" and symbolising "the Shah's rule from 1963–79." **The FAS list of SAVAK torture methods included "electric shock, whipping, beating, inserting broken glass and pouring boiling water into the rectum, tying weights to the testicles, and the extraction of teeth and nails".** From: wikipedia, [SAVAK](https://en.wikipedia.org/wiki/SAVAK)

orsomeshitidk

Oh shit I never put that together she does look like a FAS baby

flavius_lacivious

She gives people with FAS a bad name.

octopus_serenader

Yeah I've been holding FAS LETF for over a week, hoping financial earnings would boost, then Turnip announced his credit rate crap, and now this.

CamReborn2025

Goyim with FAS or non goy?

Future-Turtle

FAS baby maybe

octopus_serenader

FAS (financials 3x) because earnings were coming up and a day later he announced his credit rate bullshit. RDTL and then a day later RDDT drilled. Staying stubborn this week. 😂

Pretend-Marsupial258

So... Brave New World? Everyone has FAS and they're all on drugs.

arctic_bull

Note if you’re looking at P/E over long timeframes, prior to 2005 / FAS-123R stock-based comp wasn’t considered a GAAP expense, so P/E ratios before then would be significantly higher than post-2005.

rbraalih

FAS is a real thing, it's why angloporian social welfare costs so much. Pore women don't know they are pregnant or who by, and even if they do they don't let it affect their lifestyle. So da kids is retarded (really retarded not joke insult retarded)

Zealousideal-Owl4790

OP very impressive! also your trade on FAS in 2023 :) personally i use leveraged ETFs instead of options because of theta decay you are significantly more experienced and successful investor, what are your reasons to use LETF instead of options/certificates, etc.?

ihasanemail

I was surprisingly calm because I had the experience and playbook from the dot com bust and Great Recession to rely on. It was stressful as all hell, sure. But I was laser focused on putting my cash hoard to work because I knew early the feds would prop up the market like they did with TARP in 2009. And they did with PPP. I made threads during COVID lockdown about throwing $500,000 at FAS, I exited that trade with $1.3m or $1.4m, I don't remember exactly. Things are relatively "calm" in equity markets right now and I'm nervous as hell. When the crash comes and reaches an fever pitch, I will start buying the stinkiest of the trash on Wall Street. Count on it.

k_tolz

I remember the FAS posts, too. Well done!

ihasanemail

And I'm the FAS guy. I've been posting about these high risk trades for years.

Boys4Ever

Not a stock. An ETF. TQQQ but traded actively. Outperforms sitting longterm just to save taxes. SOXL and FAS work too. Again, actively traded to buffer against unexpected but eventual drawdowns without the risk too big to fail actually fails. Seen too many of them. Much easier to trade an index or sector as it holds the top stocks which adds diversification without having to rebalance or track a slew of stocks.

BigWarning8696

Should be a good week for stocks. ER for banks this week and almost all have up revisions. FAS probably a good buy here

suitupyo

What you mean? Airlines still have to abide by FAS standards. Some planes will be grounded if those are not met. Tbh eh won’t just fall out of the sky for a brief period that aligns with the government shutdown.

JohnnyIsSoAlive

In late 2011, I had half of my account in FAS. I flinched and cashed out for about a 5% profit. Even through the 2020 and 2025 crashes I would have never been down.

He-Who-Reaches

SAN DIEGO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- aTyr Pharma, Inc. (Nasdaq: ATYR) (“aTyr” or the “Company”), a clinical stage biotechnology company engaged in the discovery and development of first-in-class medicines from its proprietary tRNA synthetase platform, today presented additional findings from the Phase 3 EFZO-FIT™ study of efzofitimod in 268 patients with pulmonary sarcoidosis, a major form of interstitial lung disease, in a late-breaking oral abstract presentation by Daniel Culver, D.O., Chair of the Department of Pulmonary Medicine at the Cleveland Clinic and principal investigator of the study, at the European Respiratory Society (ERS) Congress 2025 in Amsterdam, Netherlands. “Building on the positive data we presented in the topline results for the King’s Sarcoidosis Questionnaire (KSQ)-Lung score, the clinical improvements in the Fatigue Assessment Scale (FAS) and KSQ-General Health scores presented at ERS are compelling because these directly address critical symptoms and quality of life measures that profoundly impact pulmonary sarcoidosis patients,” said Sanjay S. Shukla, M.D., M.S., President and Chief Executive Officer of aTyr Pharma. “Crucially, the improvements observed for the KSQ-Lung, FAS and KSQ-General Health scores were achieved rapidly and sustained robustly throughout the study. Despite missing the primary endpoint of the study, efzofitimod has clearly demonstrated the potential to durably improve multiple disease-related health outcomes, including cough, shortness of breath, fatigue and general health. These consistent clinical benefits reinforce our belief in efzofitimod’s potential to meaningfully improve quality of life and reduce reliance on chronic steroids for pulmonary sarcoidosis patients.”

Spiritual-Annal

A bit like selling FAS proof liquor, or walking around with a shirt that says Please sue me

brock2063

Apparently Al Michael's has been owning the 3x Financial ETF FAS for like 15 years lol. He's one of us!

BigEdsHairMayo

she looks like a CPR doll with FAS.

Boys4Ever

Tech wasn’t around in the 70s. You’re changing the optics to justify your claims. Bottom line. I’m trading based on tomorrow. What support do you have to suggest tech won’t outperform broader market next 10-20 years? Diversification for me is by holding various companies within a sector or index vs several sectors. I’m not an investor and don’t subscribe to the assumption of spreading risk. Why I don’t do fix income although might swing trade FAS. Don’t hold gold. Don’t hold crypto yet might swing trade BITX. Don’t hold oil but might swing trade NRGU. Mostly swing trade SOXL and TQQQ. However, at some point fund liquidity might get too large to swing trade and I’ll start holding at which point QQQ SOXX and SMH my expected investments. No longer SPY or its lower cost copy VOO. Future is tech and there’s no rule that says one can’t exit an investment if market crashing then buy back in near assumed bottom. Tax implications often lock investors into loses because they fail to grasp capital gains diminish as cost basis drops therefore take advantage of volatility which tech and especially semiconductors have more than broader market. More than one way to play the market and why mine may not work for another but can’t find any argument to suggest the future is brighter by diversifying vs sticking to tech. Times have changed. Although AI brings me pause and we might see another bubble because no company to big to fall and NVDIA trades like a meme stock either similar talking points to why bitcoin will never crash. Latter I don’t touch with anything but a very short swing trade and even then I’d have to be convinced 100% it won’t suddenly revert. Why I think I’ve thought about trading BITX but now not sure I ever actually have and that’s just recently added. Older I get less I recall 😂

Important_Cucumber

FAS/FAZ were super fun in 2008. 20-30% moves daily

backnarkle48

The GFC was FAR worse than the Dotcom burst from both a financial and emotional perspective. Banks were crashing; people were kicked out of their houses; there was massive liquidity and solvency problems; devastating unemployment. A little known fact that halted the massive sell off: March 16, 2009, FASB loosened FAS-157, essentially eliminating bank requirements to mark to market all their paper losses. Breath deep. The bullshit you smell still wafts through the street of wall.

MulberryAcceptable39

I’ve been selling calls on FAS it’s a triple leveraged bank etf.

GrouchyFroot

FAS for tomorrow fer sure

apathyjoker

FAS calls.

TomatoSpecialist6879

Except your entire joke is based on your retarded head canon assumption that I write like "an oracle delivering a prophecy", so your point is mood and calling you a retard would be an insult to retards. Best I can give you is calling you FAS baby

Alert_Barber_3105

So you realize your argument makes no sense and instead you just pivot to some other nonsensical argument. Yeah I'm sure Warren Buffet really regrets being a value investor, you're an absolute moron. Fails to refute anything that was said and just says "lol no you're the retard". Great argument there, my guess is either homeschooled, FAS baby, under the age of 15, or most likely, all of the above. I'm sure you'll make a lot of money investing in overvalued companies.

minutestomidnight

I hold: * YINN * TQQQ * TECL * FAS * LABU * UDOW * SPXL * CURE And the ONLY one that isn't doing well is CURE. What Leveraged Fund should I swap it out for?

robotlasagna

The last FAS reports are stating that a large percentage of Russia’s deployed warheads are likely no longer reliable. They haven’t had the resources to maintain them.

DoubleSkew

the crowd here reminds me of the retail traders YOLO'ing into FAS/FAZ (3x leveraged financial ETF) trying to catch the bottom in 08-09'

Bull-her

Banks are gonna be bangers $FAS

catchyphrase

I do this on 50% of my shares. I buy FAS and sell ITM calls. When it’s going to get called away, I let it. And I buy shares and sell ITM calls on it.

minutestomidnight

FAS, YINN, TECL, etc. All the 3x leveraged funds are down except for the three indices - why?

carmelizedunions

This guy looks like Matt gaets, so I think he may FAS..

teamyg

Sold out FAS around 120 (avg cost 117) and took profit, 

teamyg

Bought more FAS at 115.5, 

teamyg

Why my FAS isn't ripping? 

teamyg

Bought some FAS average 120, premarket volume too thin. 

Important_Cucumber

That's what a VIX >50 market looks like. It's like 2008 all over again. I remember trading FAS/FAZ with 20-30% gains/losses daily

aerodynamic_AB

Thoughts on SOXL, FAS or TNA calls?

ihasanemail

The last time I made a recommendation was FAS and WSB completely rucked that up buying shares and calls long after the easy money was made. Amazing how people only buy something after all the money has been made, as of it will go up forever.

PIK_Toggle

Have you modeled these funds out yet? If you are bullish, then look at SOXL, TQQQ, LADU, TNA, FAS, or GUSH. They collapse when there is any weakness in the market.

BullPropaganda

Woo FAS took a big fat shit

Matt2_ASC

The list is here. Sort by YTD% and you'll see VGK is the best performer. [Vanguard ETF List | All ETF Funds | Vanguard Advisors](https://advisors.vanguard.com/investments/etfs?cmpgn=FAS:PS:XX:LF:20250101:GG:DM:LB~FAS_VN~GG_KC~BD_PR~LF_UN~ETFNP_MT~Exact_AT~None_EX~None:None:NONE:NONE:KW:ETFGeneral&gad_source=1&gclid=Cj0KCQiA2oW-BhC2ARIsADSIAWpUIEgzO3UBwhyW-68nDZKos5KrYCjgtK3ePKGuhGvOcM7swBM6ESMaAjQiEALw_wcB&gclsrc=aw.ds) VGK 9.8% YTD VOO 0% YTD

Skurttish

Looks like it. FAS is fine, and others like it. But I see Fannie and Freddie are both taking dumps. Hype dump

No_Doughnut_1991

Not all pensions are created equal but the golden handcuffs are a real phenomenon. On 10/07/2037 I will have 22 years of service and eligible for 50% of FAS from 3 best consecutive years, 25 years getting me a paltry COLA but also an escalation clause that based off the CPI can raise my pension yearly up to 3% a year; that for me is anywhere from age 46-49 years old. My 457 is maxxed out yearly and can be touched the day i sever ties from my position, penalty free. Plus the healthcare for life. And a small annuity and supplement fund with guaranteed payout from the city. But there is a certain level of toxicity that runs rampant in public service careers like mine, plus the added stress of the job itself, nevermind the wonky forced OT, missed holidays and special functions, missed time with family and friends etc. Striking that balance on a daily basis to keep your health and sanity stable can be a real struggle. Being in a job secure career also adds to the conundrum. Just have to map out and re-evaluate your goals regularly, and have an early exit strategy ready at a moment’s notice if need be.

indianadave

Hey, I thought I was the only one doing FAS and FAZ options. They are absolute rippers when they hit. God speed sit.

QualifiedCapt

Gutting of the FAA won’t be inflationary. Couple more planes go down and the demand will plummet. Heck, just knowing the FAS isn’t 100% could be enough to do it.

Notmanynamesleftnow

Not really the same thing here - under GAAP investments in securities (unless held to maturity) and equity investments, as well as derivatives, loans held for sale, and other similar balance are “marked to market” and recorded at fair value. However, depending on the nature of those assets m, or liabilities in some cases, (e.g. cash flow edge vs fair value hedge, AFS vs Trading Securities) - the change may be recorded on the income statement (impacting profit / net income, such as the bitcoin case) or the statement of other comprehensive income, not impacting profit. In Enrons case - it wasn’t “mark to market” accounting that was the root issue, it was their fraudulent manipulation of fair value (mtm) estimates and off balance sheet entities that were the main issues and led to its collapse. For example (among other things) they improperly applied MTM accounting to long term energy contracts, and booked future profits in the current period despite variability and cash flows not coming for years. They also didn’t later adjust earnings downward if those projections were wrong. That was fraud, not an issue with the accounting rules themselves. The FASB did reform mark-to-market rules (FAS 157 —> ASC 820) after Enron as well as SPE/Off Balance Sheet rules (FAS 140 —> ASC 810 and 860) to eliminate off balance sheet hiding and clarify the hierarchy of how fair value estimates should be applied to mitigate Companies making fraudulent estimates like Enron did. ASC 606 also created stricter and more consistent rules on long term contract revenue recognition. But the rules themselves were not the issue and operated largely fine prior to this. These changes just helped ensure consistency of application across all industries / companies and made it harder for a Company to hide this kind of fraud in the future.

CinematicJ-

[Vanguard on Lump Sum vs DCA](https://investor.vanguard.com/investor-resources-education/news/lump-sum-investing-versus-cost-averaging-which-is-better) The market does seem pretty overvalue currently, I’d look into [Vanguard’s 2025 economic and market outlook](https://advisors.vanguard.com/insights/article/2025-economic-and-market-outlook?cmpgn=FAS:PS:XX:LF:20250102:GG:DM:LB~FAS_VN~GG_KC~BD_PR~LF_UN~MarketEconomy_MT~Exact_AT~None_EX~None:NONE:NONE:NONE:KW:MarketVEMOReport&gad_source=1&gbraid=0AAAAADyd_RXbc3MjtS6ZgmgWpL390LfS-&gclid=Cj0KCQiA19e8BhCVARIsALpFMgF4G_lDtVCmRNwqhtVPoB1TLq3Fg1V240ELIbvINyFA6DqSWMc2xN0aAgbqEALw_wcB&gclsrc=aw.ds) Could hedge for current conditions by dropping a large amount of that in FLCOX (large cap value) if you want to use Fidelity funds. I don’t think you could go wrong by lump summing into FSKAX or DCA-ing over 2-6 months since your time horizon is so long. If you already do 90/10 why not just add it 45k/5k into current positions and letting it ride?

katiajojo

WSB is a case study on FAS and underdeveloped/overstimulated amygdalas in regarded hosts

ecdw-ttc

I remember owning both FAS and FAZ; guess which one I sold for a small profit.

ihasanemail

Nah, I cashed out on that trade ... 3 years ago? $500,000 to $1,400,000. I didn't buy FAZ on the way down but I have been looking for years for an entry back into FAS after the inflation selloff.

juicevibe

Bank stocks. If you're extra bullish - FAS.

Deathstriker908

What are your guys opinion on leverage broad exposure etfs like SPXL, FAS, and TQQQ?

mySolisinYafa

Actually I think My Best friend will Marry Us. He has FAS and I guarantee He's smarter than 95% of you

proof-of-conzept

So in signal and system theory an LTI (=Linear Time Invariant Sytem) as I wrote in the above equation is based on a set of linear differential equations. It will always respond deterministically to the same inputs with the same output, given the system has the same internal state. Meaning the system is fully deterministic. In the laplace domain every 's' stands for a differentiation and 1/s stands for integration. so s*factor is speed. s^2*factor is acceleration and so on. one way to characterise those systems is the step response. Meaning you apply a input that is 0 and then suddenly step it to 1 and observe the output over time. So you could model for example an electric engine and apply a step input current/voltage. It does not immediatelly have its targeted rpm but slowly increases frequency firs overcoming friction and innetria, accelating untill reaching a saturation point at which acceleration slows down reaching the targeted rpm. Maybe it will even overshoot and osscilate around the target rpm. See: https://duckduckgo.com/?q=pt2+step+responses&t=fpas&iax=images&ia=images&iai=https%3A%2F%2Fwww.researchgate.net%2Fprofile%2FTorsten-Kuhlen%2Fpublication%2F3302434%2Ffigure%2Ffig8%2FAS%3A645364566745088%401530878311000%2FStep-responses-of-second-order-systems-PT2-with-different-eigenfrequencies-and.png So you cannot just say the voltage/current/gas/throttle/etc. of an engine was high/low thus the speed was high/low because the engine does not react immediattly direct proportionally. Same for finance you cannot just say interrest rates were high/low and we had deflation/inflation at the same time and make your conclusion from that, because the market does not react immediatelly. The market has a delay to change, also different parts of the market will react slowly with a long slope to input change and others that will react quickly and oversoot or some parts that do not stop to change, or start oscillating. For more information stude the field of Signal and Systems Theory, Controll Automation Theory, Feedback Controlled Sytems or the like.

Purple-Alfalfa-8538

FAS 130 calls going to be a 10 bagger

Purple-Alfalfa-8538

FAS 130 call 9/20

teamyg

Short-squiize is ON, safe to buy UPRO or FAS. jm2c

tryingtogetby42

I would buy more plug and fastly and crisp and Charge point because they are cheap and decent buys right now and it could help you to Regain your profit a lot faster or at least regain your break even a lot faster . I think a lot of them will start to go back up once interest rates start getting cut and the home market will start moving upward for hopefully a couple of years. That's just my opinion though and not advice. Personally I'm loaded up on a bunch of the 3X leverage bowl ETF's like TQQQ and SoXL and TNa and TECL and BULZ and FNGU and FAS and DPST and SPXL. All great buys and they all pay dividends and they are all going to skyrocket even more Then they have for the last year. 10K into TQQQ 14years ago would be worth 1.6 million dollars right now and the regular QQQ would only be worth something like 90000. AND CRYPTO alt coins are super cheap now and at these prices can return 5x to 10x even 20x. Also robinhood sucks because they do first in first out and they don't let you hold or sell specific stock purchases That's why I'd like etoro. I hate it when any company just takes all your stock purchases and gives you an average price to sell app. If I sell I almost always want to hold the cheapest buys because they produce the most profit.

whatisliquidity

If it wasn't for false positives I wouldn't exist Don't underestimate us FAS babies

smchenry75

I think she has late onset FAS

BlurredSight

They gave every lead drinking, FAS college student a credit card and school loans they are definitely not paying back

Sensitive-Fox4133

I have theta-proofed my FAS trade from tomorrow/next week You cannot hurt me crab gang...not on this trade

Sensitive-Fox4133

whichever way you go for earnings tomorrow, don't forget to hedge it with FAS at least a week or two out be smart out there people

Sea_Health544

This one is interesting! Leading German newspaper FAS reported on this last Sunday. Basically buy this one and another etf like s&p 500. make an allocation 50 - 50 or what ever you feel makes sense. But only this etf may leave you with poor returns w/o US equity

Sea_Health544

This one is interesting! Leading German newspaper FAS reported on this last Sunday. Basically buy this one and another etf like s&p 500. make an allocation 50 - 50 or what ever you feel makes sense. But only this etf may leave you with poor returns w/o US equity

McSnoots

Trying to figure out if it’s time to jump in on FAS

My_G_Alt

FAS will be a roller coaster next week

AlphaHarmony

Guys, I have JPM calls, C calls, XLF calls, and FAS calls. Tell me why I'm wrong

HunterBidensdik

FAS

HunterBidensdik

FAS easy money for Jamie Dimon earnings day

AlphaHarmony

Interesting. So sell my C and JPM calls and buy FAS? It is interesting cause it evens out since it is an etf, but it is also leveraged, so I'm curious if I'll capitalize on the singular moves. Now you got me thinking...

HunterBidensdik

FAS calls They are making insane money in this market

ell0bo

With the banks reportings... buy FAS or FAZ if you think they will be good or bad accordingly Honestly though, 1k isn't worth being aggressive with. Invest it and build a pool, and with a portion of that pool get aggressive in a few years. Why? Because if you keep losing 1000k, you'll just become a money pit, but when you have 8k invested normal and 2k high risk, you'll understand the risk / reward better.

TheOneWithThePorn12

[FAS115](https://www.fasb.org/page/ShowPdf?path=aop_fas115.pdf&title=FAS%20115%20(AS%20AMENDED) This is old, but depending on how they classify it, as either Trading Securities (in Earnings) or Available for Sale (OCI) you are right or wrong. In this instance you are incorrect as they should be marked as trading securities.

erniekim

Depends. If you had bought FAS after the 2008 and held it for 11 years, you would have gotten 25x or so. But if you had it before 2008, you would have lost 95-97% of your value so that’s why they tell you not to hold it for long term. So it all depends on what you are buying. Right now, TMF is a long term buy in my opinion since the interest rate will eventually go down making TMF to go up. So for the next 3-5 years (unless inflation is back), there is a good chance that TMF might give you 4-9x return which is way better than holding SPY especially with a risk of a recession.

A_Harmless_Fly

FAS-en your seat belts.