FNGO
MicroSectors FANG+ Index 2X Leveraged ETN
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QQQU/QQUP/MAGX/FNGO- 50% Managed Futures- 50%, short some Inverse Gold for incoming cash.
ETFs VOO QQQI FNGO
I agree, it’s unnecessary. I’ve been buying into FNGO throughout this recent pullback (2x FANG)
You need to hold 135k in NVDL, it is up more than 2x NVDA YTD. Then you have 135k you can put in QLD or FNGO
Buy FNGO and dont touch you be aight
Holy smokes could've just bought FNGO or something
There’s an ETF for that - FNGS (2x is FNGO, 3x is FNGU)
Stop regarding, just Buy FNGO and relax.
Imagine buying 4x SPY when you can just FNGO and chill
Damn imagine if you would've bought FNGO
Choose a risk tolerance level: SP500: VOO for 1x SPUU for 2x UPRO for 3X NASDAQ100: QQQM for 1x QLD for 2x TQQQ for 3x NYSE FANG+: FNGS for 1x FNGO for 2x FNGU for 3x
Holy shit imagine if you just bought FNGO
I highly advise buying ETFs. That’s a lot of individual stocks to try to keep track of. VOO, VTI, VT & VUG are pretty easy buys. I’m 23 and have a lot of time so I also utilize a couple leveraged ETFS, such as SPUU, FNGO & TQQQ
AMD (not AAPL) was replaced by AVGO. Since it is easy to buy ten stocks, it is easy to replicate this ETF, so that's why it isn't that popular as a 1x... especially since the SNOW 10% is completely out of whack with the rest of it. SNOW is nowhere near a peer of the others. The way this is more often played is at a 2x or 3x leverage, FNGO and FNGU. FNGU is up a very pleasant +354% year to date. FNGO is +204%. Only NVDL, the 1.5x of NVDA, is up more year to date (430%) than FNGU. > Why doesn’t everyone Basically because most people aren't good at investing. Whether you bought this as a 1x, 2x, or 3x, or just went heavier on the Magnificent 7 this year, you would have done very, very well. Most people chose to make a different, less profitable choice.
NVDL has been amazing as well….but what may be an easier way to “play the field” is going with FNGO or FNGG….
FNGS has been good, alongside its leveraged versions FNGO(2x) and FNGU(3x). Basically these 7 plus Netflix a 1 or 2 others
If you want leverage and are targeting those stocks (ie. FAANG), FNGO (2x) or FNGU (3x) might make more sense.
Oh it's definitely not, I agree. But they have them.. check out these hahaha FNGU +3x FNGD -3x FNGO +2x FNGG +2x
Yeah there not FAANG though. :( Can’t buy FNGO either. Kinda regarded though because I can buy FNGD which is the 3x bear etf for FAANG.
TECL seems to follow closer to FNGU too. But even FNGO (2x) performs better than TQQQ (3x)
I cant even buy FNGO. Why there aint no other similar ETFs.
Yeah just figured that out. Bought TQQQ. There’s FNGO but very low volume. 2x leverage.