SSO

__Augustus_

The entire post is about how even in SSO there are eclipses.

NAVYSEAL12ROCK

If you want leverage QLD and SSO are very good options

zxc123zxc123

I know an accredited investor who has multiple 7figs. They don't have allocations to those either outside of their VOO/SSO/GOOG/BAC/MSFT shares. Easiest way to get exposure is via GOOG/BAC (SpaceX), MSFT/AMZN/NVDA/9984 (OpenAI), and CRM/ZM (Anthropic). Then if you own VOO/SSO/UPRO or QQQs which owns many of these companies then you'll have some indirect exposure to these companies by proxy as well. Alternatively there are a few etfs that let you get exposure by proxy too.

Aggressive_Deer_7072

Honestly I think you’re overthinking it a bit for only 125% exposure lol. Futures always sound amazing until the IRA cash rules start making the math uglier in real life. LEAPS also get more annoying over time than people admit with rolling/spreads/etc. VOO + a bit of SSO is probably the least stressful answer honestly. Volatility drag matters way more when people start going crazy with leverage.

prateekj778

A lot of people underestimate how tricky leverage gets inside retirement accounts. Futures look super capital efficient on paper, but once brokers force you to hold a chunk in non-yielding cash, the “cheap leverage” story changes fast. LEAPS can work too, but long-term option pricing + spreads + rolling costs make the real carry harder to estimate than most people think. Honestly for moderate leverage like 1.25x on the US stock market, mixing something like VOO + a smaller allocation to SSO is probably the cleanest approach. Yes, volatility drag exists, but at lower leverage and very long holding periods it’s often less destructive than people fear — especially compared to execution mistakes or complexity from futures/options. The biggest edge for long-term investors is usually simplicity + staying invested consistently. Check out my profile for more.

FudFomo

Just buy 80% SPY and 20% UPRO and you will beat SPY without the concentration risk. Or full port SSO, you’ll have the same volatility and drawdowns as all these meme stock picks but good long term returns. Or QLD if you want tech, its better then 100% in just 8 tech names. If you asked this question in 1999 people would have told you to buy JDSU, CSCO, INTC, QCOM, WCOM, SUNW, DELL, ORCL. Some went to zero, some were dead money for 10-20 years.

Putrid_Pollution3455

But what if the stonk market crashes! Gasp! 😱 /s Ok you little shit…here’s the everything bagel; 10% each…( GLD IBIT TLT USFR VTI VXUS SSO SPYI ANGL PDBC)

zerofrakhere

maybe SSO for a slight edge and some dividend ETF.

pflau

Jesus Fucking Christ. I held SSO since 2009 and thought I am the boss.

CursedClownz

Yeah should have got some QLD WITH SSO

__Vampyre__

I have 935k in my portfolio (100% SSO) and 480k of that is long-term capital gains. That's around 87k in taxes where I live

Acrobatic-Song-3151

I went all in on Goldman Sachs during the fiscal crisis for 50k, sold at the bottom down 30k, made it all back by flipping to SSO, leveraged S&P 500.  Don’t put more than 5% in any one stock

AntiqueProfessor5134

Margin call isn't the only thing that could go wrong? What if stocks just flatline? You're paying 5% interest a year for that? Like others said leveraged ETF is probably the way to go. Expense ratio isn't even bad, like 1% fees on SSO.

zxc123zxc123

That's why you go 1-3x Russell 2000 with IWM/UWM/TNA to cover you bases on TQQQ/QQQ, UPRO/SSO, or whatever megacaps you have.

zxc123zxc123

This. My portfolio was already heavily overweight GOOG/GOOGL during last year's Alphabet dip. That's before my SSO/VOO so I couldn't force myself to buy more even when I believed in it. I really do feel MSFT this year is like GOOG last year. Difference is Gemini is beating OpenAi and MSFT got thrown out with the SaaSpocolyse bathwater. I rather risk being wrong than missing the same boat twice.

Prize-Director-7896

At your age I would consider buying SPX (or ETF equivalent) and SSO, maybe half and half. I don't think SPXL is a good idea personally. Basically hold the SPX until 10 years before retirement and then move 10-15% of it annually into bonds or something less risky until you're about 50% SPX and 50% conservative item. The SSO you hold for at least 15 years, but if there is a crash you have to add 5, 10, or 15 more years to it. Basically with the leveraged one the key is just to get out of it at some point when you're up after 15 years or some other relatively long time. You could hold it longer but I think this is a good approach. Or you could just skip the SSO and do SPX, but I think 2x leverage or less is basically OK.

Lazy_Copy1318

The math isn't wrong but the assumption is. 100:1 leverage means a 1% move against you wipes your entire position. A 15% drawdown tolerance doesn't apply here — you'll get margin called long before that. Brokers close leveraged positions automatically, they don't let you "wait it out." The war on Iran example is exactly the kind of event that causes massive overnight gaps. Markets can drop 5-8% in a single candle before you can react. At 100:1 that's game over before you even wake up. If you want leveraged S&P exposure, 2x or 3x ETFs (like SSO or UPRO) are brutal enough for most people. 100:1 on $5000 is not investing, it's gambling with a margin call timer running in the background.

zxc123zxc123

No one knows about supply shocks but if I had to guess? Probably look for the high quality among the cheapies (Mag8 dips, MSFT among Saaspolocypse, LVMH/NKE to play the rebounds instead of say TPR, strong industrials like DAL if it dips), inflation hedges like gold if it's below $4k or pricing power strength via AXP/V/MA on better PE valuations, probably deleveraging from UPRO to SSO and SSO to VOO now, commodities might be good but it's too hard to guess, RE if you can afford it, and probably don't hold too much cash but if you do then probably just a small amount in ST notes. I think this cause I see inflation coming down the pipeline.

LetWaltCook

I use Google for SSO personally. I'd never in a million years use Facebook for that. I don't anyone who uses Facebook anymore.

LookOtherWeigh

Honestly. It's a requirement these days. They've centered themselves into every SSO possible. Basically Facebook is your authentication to all these other apps. Easier than managing another password i won't remember. I hate it. But it was a genius move to stay relevant.

snkscore

At 19 I'd be putting all my money in QQQ or VTI or VT for the next 30 years. If the market crashes in the next few years put half of it into SSO

Ahamadrayasbaboon

Agreed. My limited backtesting with a focus on sub-optimal periods indicates that 1.5x-2x SPY is the way. This can be achieved with half VOO, half SSO, but is a bit more efficient to just use margin. 

Putrid_Pollution3455

all depends on your goal; set and forget? VT. Want a lil nuance? VT/IBIT/USFR....want to crank it up a notch? SSO/KMLM/IBIT. Want some yolo-fueled inspired AI-maxing-goon-ascending hocus-pocus? YOU. The S&ME500. You work on increasing your skills and savings rate, which will dramatically help you more than finding the "next big strategy". Until your account is massive, your savings rate is more important than your asset quality....but if you insist on lighting money on fire, TECL/BITX/TMF in October and sit in USFR until then.

SnooPeanuts8613

Personally I think as a younger person (me too), a leveraged fund or two is cool as well. I buy a decent amount of SSO and TQQQ. 2x SP500, 3x Invesco QQQ. I also like slightly growthier stuff, I saw VOO mentioned, consider VOOG as well maybe too. A split of value and growth funds, maybe with some leverage is the recipe I've been happy with as I've started investing (started in '21 too but I am definitely not in the red)

ddrsdght

You’re a pussy if you invest in SSO or ZROZ. Real men DCA in TQQQ. You got soft hands brother

Ahamadrayasbaboon

You can get away with it with 2x (though I would not be buying now) SP500. Volatility decay is real, but overstated. At 3x or more, or with most other underlyings, the wheels fall off.  Margin is usually better due to no daily.  I held SSO through the last dip and still came out green. If downturns are really bad (2001, 2008), it takes you longer to break even than it would have if you held the 1x underlying.   Most people will paperhand the dips. 

ddrsdght

You’re a pussy if you invest in SSO or ZROZ. Real men DCA in TQQQ. You got soft hands brother

109_Le_Banane

I did do it a couple weeks ago by going all in on QLD and SSO which lead to a 15% gain on both. Around 30k gain I recall. The data suggests that I hold this no matter how hard it drops and stick to my investment plan of gradually de-leveraging it.

109_Le_Banane

I went all in with QLD and SSO the week before and had a 15% gain on both

109_Le_Banane

As the optimal leverage of the S&P 500 is between 2x-2.5x, I'll gradually invest into SSO to dilute my portfolio's total leverage.

Careful_Response4694

OP is not accounting for margin interest drags though. Unless you have the IKBR 6% rate or better it's likely not worth it compared to a leveraged etf like SSO.

Ahamadrayasbaboon

SSO, UPRO for SP. People use QLD and TQQQ for the Q’s, but I don’t mess with those. 

BetweenCoffeeNSleep

Interesting. I tuned down leverage a bit by selling some SSO (down to my typical 40% allocation) to store gains in VOO and VXUS back in January and put on BX 9/18 130 and 135 strike calls in Feb. When things feel toppy, I generally get out of picked stocks and tune leverage down, but stay fully invested.

RecommendationFit996

But my returns have been better than average since I also hold some leveraged etfs (SSO, QLD, UYG, ERX and SOXL), and my single stocks are in growing tech driven sectors.

BetweenCoffeeNSleep

My approach is: 1. Always be buying index positions. 2. 40% SSO, 20% VXUS, store the rest in VOO until opportunities arise. 3. I only use single stock positions for 1-7ish month trades. I look for earnings strength, with underperformance relative to the index, based on what I consider to be an overreactive narrative. I’m happy to buy on the way down/into decline and wait for the position to work.

BetweenCoffeeNSleep

Sold some VOO to buy more SSO.

DelphiTsar

Crypto isn't a safe haven though, it's literally the exact opposite. If you think the market is going to crash, you should have exactly 0$ in crypto. It's effectively 2x leveraged play(SSO).

zwirlo

Sell it all, buy TQQQ. /s Nah but for real buy SSO

BNA-mod

I bought, but very light… AMZN, NVDA, AIRJ, SSO, IBM, LLY, SOFI, ASML, BK. And when I say light, I mean light. Figure it’s DCA time. The market is basically almost back to where it was and I don’t see it dropping much further. If you include an inflationary factor of 2.4% for the past year, the amount of devaluation of your dollar, the S&P is up about 9.6%, the NSDQ is up about 18.5% and the DJIA is up about 8.5%. I believe that’s a reasonable point to DCA.

Prestongarvee

VOO, SSO, & a little UPRO. scale larger buys the more the market drawsdown

FR0ZENS0L1D

SSO, TQQQ, and GDMN. Learn to swing

nadhari12

Have 300k what should I buy? I was thinking SSO 2X s&p

sl0an1

LEAPS on TQQQ. I like it. I've been selling CSP on TQQQ at $35, 30, and 25 so no wsb fame for me... but at least i'm farming premium and tossing that into SSO on the way down.

Acrobatic-Song-3151

About fifteen years after two large reversals in GS and BA. GS was during financial crisis as I bought 10k clips every 10% down. I eventually ate that loss and flipped it all to SSO making up the 20k+ loss. BA was a decade later trading it between $300-$400. I made great money flipping it for a year and then the bottom fell out.  Now I’m lame, just trade macro news using ETFs and only individuals for sport. Except shorting the Vix…I’ve been real close to violating the 5% total net worth number on that play. 10k short right now using Svix and Vxx. 

pflau

I put 150K on SSO in 2009 and haven't sold a share. You can do the math.

TrashChickenWagon

A lot are cloud hybrid. They have a cloud footprint but maintain a DC for a lot of their environments. They will have a mix of services based on cost and convenience. For example, source control. It is much cheaper to have a hundred devs on locally hosted GitLab then switch to Azure Dev Ops. Right at 3x the money. So SSO is managed in AWS or Azure but the dev environment is hosted in a DC. Things that require heavy compute like a DB or K8 cluster are avoided because you can get way more compute cycles per dollar and more accurately predict your expenses, if you host it yourself. With VMWare increasing licenses by 400% it just doesn’t make financial sense to keep everything in DC. Not only do you eliminate cost but also the extra overhead of Disaster Recovery or geolocation redundancy. That also leads to a headcount reduction. Sorry this is so long!

understated_vibes

The issue isn’t whether the index goes up long term, it’s how it gets there. Leveraged ETFs like SSO and QLD reset daily, so returns depend heavily on the path, not just the endpoint. In a smooth bull run, they can outperform. But if the market is volatile or sideways, that daily reset starts working against you and erodes returns over time. That’s why most people keep their core in unlevered exposure, then layer in higher growth or alternative plays like VCX separately rather than relying on leverage for long-term compounding.

cristalarc

You can use testfol.io As a quick summary, if you compare the performance of SPY vs SSO over the last, I thi k it was 15 years, SSO comes out winning by a far margin. If the stock market behaves like it did in that same time period, you should be fine.

Key_Variety_6287

Volatility drag… just read the product documentation for SSO. Proshares explains it really well

shinobi-dragonninja

I am testing this thesis as well. I started a couple years ago. SSO and QLD is a part of my portfolio and I DCA almost equally into a basketful of tickers. So far SSO and QLD are holding up ok. The view will depend on when you enter and how long you are in so YMMV. Why not dip your toes in and make it a small part of your portfolio and see for yourself

Immediate-Finding454

SSO has been around since before the 2008 financial crisis so it can easily be backtested through multiple crashes. Obviously you're going to have to be ok with huge drawdowns and have a long time horizon to recover/DCA when using leverage or set a stop loss

InternNo7510

the problem with SSO for covered calls is that you're not getting 2x the premium for 2x the risk. the options on SSO are less liquid than SPY, so the bid-ask spread eats into your yield. you might find the effective annualized yield after slippage isn't much better than just selling SPY calls with fewer shares

Perfect-Loquat-7791

Using SSO for covered calls adds leverage risk. Smaller allocation helps, but losses can still amplify in a downturn.

Aigpil

this is what people miss about leveraged ETFs. the 2x is on daily returns, not cumulative — so in a choppy market SSO can lose money even when SPY is flat. selling CCs on top of that is basically selling vol on something that's already bleeding from vol. you're short gamma twice over. PMCCs on regular SPY give you the same leverage without the decay eating your position from the inside

Thane90

the vol drag on SSO will eat into your gains way more than the premium you collect, covered calls on a leveraged etf is kinda fighting yourself tbh

MilesDelta

The intuition is reasonable. You want covered call income on S&P exposure but can't commit $60K+ for 100 shares of SPY. But SSO introduces problems that most people don't think through until they're already in the position. **The core issue with leveraged ETFs and covered calls** SSO resets daily. That 2x leverage is on daily returns, not total returns. Over time, this creates volatility decay, where the ETF can lose value even if the S&P is flat but choppy. When you write a covered call, you're capping your upside while keeping the full downside. On a leveraged product, that downside is amplified 2x, but the premium you collect doesn't compensate for it proportionally. You end up with a structurally lopsided position: 2x the loss potential, but your call premium is based on a much cheaper underlying. It's not 2x the SPY call premium. In a sustained downturn, your shares lose value at twice the rate while your calls expire worthless (good) but you're sitting on deeply underwater shares that need the index to recover more than the percentage it dropped just to get back to even, because of the daily reset mechanics. That's the compounding trap with leveraged ETFs. **What actually works better for your situation** If the goal is covered call income on S&P exposure without $60K, you have a few options. XSP options are 1/10th the size of SPX options and are designed for exactly this. A poor man's covered call on SPY (diagonal spread) lets you buy a deep in-the-money LEAP as your "shares" and sell short-dated calls against it. Your capital outlay might be $8-12K instead of $60K, you get similar exposure, and you're not dealing with leverage decay. There are also S&P-linked ETFs that trade at lower prices without leverage. SPLG trades around $70/share, so 100 shares is roughly $7K. **If you still want to do it with SSO** It can work in a strong bull market where the daily reset actually helps you through leveraged compounding to the upside. But you need to size it as a tactical position, not a core holding. Keep it small like you said, understand that in a 20% drawdown your shares drop roughly 35-40% after decay effects, and sell calls with shorter duration (weeklies or 2-week) so you're constantly re-evaluating. Don't sell calls more than 30 DTE on a leveraged product. The decay dynamics make longer-dated covered calls increasingly unfavorable. The PMCC on SPY is probably the cleanest version of what you're actually trying to build. Same income mechanics, same exposure, no leverage decay, lower capital requirement.

ryallen23

You’ll get killed on a big up week assuming you’re trying to maximize premium by staying near the money. That’s the price you pay for the leverage. And in this specific case you’ll probably pay for it with bad spreads since the volume is microscopic compared to spy/qqq etc. Definitely don’t try this with SOXL. Learned the hard way with that. Daily rebalancing means the leverage doesn’t hold up in the long run. Seems to hold up with SSO though.

sharkenleo

I'm think of full porting into SSO until SPX hits 7k.

TaxFraudCPA

Honestly I’ve given up on SPY options. Holding cash to dca on SSO and QLD until you know who is no longer supreme leader of America.

nadhari12

SSO 2X s&p

BNA-mod

SSO - 2008 NVDA - 2009 LLY - 1999 (bought in with my father) MRK - 1982 (got my mother to buy) 😂 AMZN - 2010 CSX - 1999 (my uncle recommended investing in railroads and it was dirt cheap)

vsaint

Cost savings, using internally built SSO

zxc123zxc123

Americans actually had the lowest inflation, the most energy security, the least food insecurity, the most insulation from global chaos, the cheapest natgas AND gas prices, the best performing stock market (NVDA by itself was worth more than the marketcap of most of Europe or China/HongKong/Macau COMBINED), the strongest GDP growth, the strongest labor market, and the strongest currency by which they could use to offset inflation via travel/import. But folks here acted like we were the little starving fucking Gazan kids or freezing Ukrainian kids getting their limbs blown off by missile/drone strikes. The "vibe-cession" and "Gaza is SPEAKING!"^(notice how all those mofos disappeared day 1 after Trump took office even though shit got worse for Palestine?) Anyways: Fuck around, find out. Do dumb shit, get dumb prizes. Vote clown, get circus. Since we're WSB and not r/politics : I'll won't short the USA. Much easier to just short the dollar since GDP/inflation/devaluation/deficits are not likely to decline due to the huge national debt. Light/secured borrowing, go long assets, and diversify. SSO, UWM, VT, LVMUY, AXP, SCCO, SHEL, gold, RE if you can afford it, healthcare, financials, treasury notes or short-mid bonds (no long bonds), and the like.

AnchezSanchez

> I’ve been checking multiple times daily for years. It’s not an anxious check in. I had no problem holding a large SSO position through 2022’s 8 consecutive red weeks, etc. Funnily enough I actually stop checking when the markets take a prolonged red spell. Like can go multiple weeks without checking if I now I'll be down big. When market is hot, I will check daily.

BetweenCoffeeNSleep

I’ve been checking multiple times daily for years. It’s not an anxious check in. I had no problem holding a large SSO position through 2022’s 8 consecutive red weeks, etc. For me, it’s more of a fascination with market movements. I like watching my positions, or things like broad index vs sector or cap weight ETFs, etc.

BetweenCoffeeNSleep

I’m not in TQQQ, but have held SSO as a 40% or greater position in my IRA since Jan 19, 2022. Many of us holding LETFs use rebalancing strategies to store gains and buy low. I’m unbothered by red.

zxc123zxc123

At least you're only like that on one side? I'm like that both sides. Sold my some of my SSO/UPRO late 2023. Exited all of UPRO early 24. Sold out of my BRZU early 2025. Sold some of my UWM late summer 2025. Added cash/stock each time and feeling like an idiot who wasn't patient enough to hold on to leveraged ETF positions but also an idiot buying back into unleveraged stocks/etfs at record high valuations.

RecommendationFit996

VOO, SPMO, IWY, GDE, but safe is a relative term. If you have a 20 year time horizon, I personally would take market risk and not worry about drawdowns. In fact, if you get a substantial drawdown, there is a way that I have successfully used. You sell a small percent of these funds and buy some leveraged etfs of something similar like SSO/QLD (2x leveraged etfs) and an even smaller piece of UPRO and TQQQ (3x leveraged etfs) until you portfolio gets back on its feet. Then unwind the leverage and put the money back into the original etfs Works like a charm and gets your portfolio back on track in a far shorter timeframe than simply holding

King_Chron

Under a Schedule III landscape, the federal mandate for **vertical integration**—which currently forces Multi-State Operators (MSOs) to replicate expensive infrastructure in every state—collapses for any entity capable of securing [FDA approval](https://www.fda.gov/consumers/consumer-updates/it-really-fda-approved) for their products. This shift allows established players with national coverage to consolidate their supply chains into high-efficiency regional hubs and strategically **shed the localized assets** they were previously forced to maintain. While major operators trim their overhead, **Single-State Operators (SSOs)** will likely emerge as the primary buyers of these shedded facilities. For an SSO, these assets provide an immediate, low-barrier entry into established local markets where state-siloed demand remains the law of the land. This transition is further bolstered by the removal of IRS Section 280E, which will significantly increase the after-tax cash flow of these local operations, making previously burdensome facilities far more financially viable. However, a move to Schedule III poses **no immediate threat** of California "dumping" its surplus of cheap, state-regulated flower into other markets. Because Schedule III only authorizes [interstate commerce](https://www.law.cornell.edu/uscode/text/21/355) for products that meet the FDA’s rigorous drug approval standards, raw botanical flower sold in state-legal dispensaries remains federally prohibited from crossing state lines. Until a specific federal framework is established for non-pharmaceutical cannabis, the "green wall" remains legally intact, ensuring that unapproved California inventory cannot lawfully compete with or destabilize local state markets. For the SSO buyer, this protection is critical, as it preserves their local market share even as national players begin to centralize their pharmaceutical-grade operations. In the long-term event that interstate commerce fully opens beyond the constraints of Schedule III, the industry is poised to mirror the **global wine trade** rather than a race-to-the-bottom commodity market. The industry will bifurcate: a mass-produced, commodity-grade pharmaceutical tier will handle high-volume demand via centralized hubs, while premium "craft" flower will be valued through the lens of **terroir**—the unique environmental and geographic factors of its origin. To avoid these shedded assets eventually becoming "stranded," smart SSOs will pivot away from generic commodity production and focus on **provenance**. By leveraging protected geographic appellations, such as those governed by California’s Appellations of Origin program, local producers can command premium prices based on the prestige and distinct characteristics of their specific land, ensuring their survival in an eventually borderless market.

BetweenCoffeeNSleep

I exited all individual stock positions last year and had been sitting in 50% SSO, 30% VOO, 20% VXUS (totals 130% S&P 500 exposure + 20% ex-U.S.). End of January, I moved 10% from SSO to cash in anticipation of some chop. Feb 3rd, I took a look at the BX skid. Good earnings, not ideal forward guidance, and pessimism around regulatory risk to residential real estate, some chatter about AI disruption to companies they’re exposed to, etc. The re-rating looked outsized, so I put on BX 135 strike 9/18 exp calls.

Acrobatic-Song-3151

I was selling a Conseco analyst a high end car before the fiscal crisis and he told me, “You know nothing and never will because we’re on the line with these companies all day.” I should’ve taken his advice and bought indexes as well. To recover from GS I plowed into SSO and made it back. By the time the flash crash occurred I’d learned so much, but was still reckless.  Buying VT now because at 46 it’s time to get even more lame.  What’s your international exposure as a % of your equity portfolio? 

ProfessionalGold6193

Given Starship, you could put a 50 x GB200 NVL72 (130 kW per) cluster into one launch. It would probably require 6 football field sized solar arrays to power it - 2 launches. And assuming optimal cooling (as in JWST). Placed in dawn-dusk SSO. Astronomers will be pissed!

Djov

Nah brother the real hustle is move it all into SSO. If you survived 3x concentrated risk, a 2x S&P500 is gonna be a cakewalk for your risk tolerance levels 😂

hamoodi4L

The company’s core asset is its "dual-use" spaceport (supporting both commercial and government/defense missions). Its strategic advantage is its geographic location, which allows for a wide range of orbital inclinations, specifically Sun-Synchronous (SSO) and Polar orbits, without flying over populated areas. This company being granted that location, government funding as well as possible future defence opportunities is an insight to its future. This is a growing industry and I strongly believe this stock could be ~5CAD in the coming years.

flaming_pope

The SSO/LDAP thing right? Yeah they rolled out a patch practically the next day. Probably was a one line fix.

Redfield11

Small cap bets like POET, Kraken, PL, Redwire? I have a 1 to 2 mix of SSO and VTI so basically a 1.5x leverage then the rest is google/walmart/small caps. PL and Google especially have ne like 40% since June but I also panic sold April so only barely caught up now and probably going to de-risk a tad since I got lucky and don't want to tempt fate. But if you are feeling bullish or gambly, small caps

firejuggler74

A dawn-dusk orbit is a specialized Sun-synchronous orbit (SSO) where a satellite consistently crosses the equator at sunrise (around 6 a.m.) and sunset (around 6 p.m.), perpetually staying along the Earth's terminator (the line between day and night). This allows satellites to maintain a consistent view of the sun for power or a stable view of the Earth's night side for instruments, making them ideal for solar observation (like TRACE, Hinode) or imaging where constant illumination angles are needed. 

edyiot

Does TQQQ and SSO count as low cost index? 

edyiot

I bought spxu.To which is the Canadian equivalent to SSO. Does that count? I feel pretty good

AICHEngineer

Leveraged ETF (uses swaps with embedded financing costs to give multiples of price exposure) like SSO/UPRO Shortvol fund that harvests the decay between m1-m2 futures contracts on SPY (if the futures are in contango, you steadily make several percent per month) but when short term volatility spikes you experience massive drawdowns. $SVIX.

RecommendationFit996

Honestly, my two favorite funds would be a 70/30 split with VOO and QQQM. Reinvest dividends and don’t touch it unless there is a major pullback. Upon a major pullback, sell some of each and instantly invest those funds straight back into SSO and QLD or even pick up some UPRO and TQQQ and let it ride. You’ll thank me later

TotalDebt5868

My take on Discord’s potential IPO vs RDDT/PINS: Bull case: * Strong engagement and brand loyalty; real-time communities are hard to replicate. * Diverse non‑ad monetization (Nitro, server boosts, creator/server subscriptions, partnerships) offers a subscription-heavy revenue mix. * If valuation is reasonable and growth re-accelerates, the path to scale is there. Bear case: * Monetization is tricky in chat-first environments; heavy ads risk user backlash. * Lack of true enterprise features (SSO/federation, compliance, logging) limits B2B upside near term. * If priced like a high-growth social platform (>\~$20B), risk/reward skews poorly given revenue scale. What I’m watching: * Updated revenue/MAU growth and any profitability roadmap. * Concrete enterprise or creator-economy expansions. * IPO valuation vs. current revenue run-rate (sub-$15B = interesting; $20B+ = cautious). Bottom line: It’s not “another RDDT or PINS” so much as a different bet—community infrastructure with subscription-led monetization. Worth considering only if the valuation bakes in execution risk.

buysid3

Leveraged etfs come with a whole host of issues: The fees are quite a bit higher (SSO expense ratio is 0.89%), there is higher volatility, and volatility decay. Along with the behavioral aspect. They are definitely not for everyone and should not be the majority of your holdings. butttt they can increase returns in the appropriate market environment. Low/medium volatility, and sustained growth. I haven’t heard anything specific about the fees being applied daily causing more inefficiencies. The expense ratio is fee you’re paying (although they can go as high as 1.5% which isn’t great)

buysid3

Considering you blew up your portfolio the last few years, start with investing 70% of your portfolio should be diversified etfs. Then the rest can be individual stock picks. Beating the S&P is no small feat that most institutional investors can’t even do. If you’re really interested in alpha and are willing to accept high volatility, try a 2x leveraged etf like SSO

zxc123zxc123

We're like 3-4 years into a bull cycle already, high buffett indicator + shiller p/e, rich/smart money like trump/buffett/insiders/Dalio/Dimond loading going to cash, and expected Trump market to be higher vol thus more decay. I didn't sell to go to cash. Just de-leveraged a bit to VOO/SSO.

zxc123zxc123

Can't do that. Like +30% of my portfolio is GOOG/GOOGL. Luckily for everyone else, I had to make some sales to cover down payment last year and sold some of my GOOG and gold including my SLV. Also sold OPEN last year.... plus LMT/SSO. Also TPR/CRM. Truly a disaster.

zxc123zxc123

Vol decay, catastrophic loss the 1st time there is a bear market/recession that isn't like a month long, excessive leverage, and UPRO's prospectus LITERALLY saying it's not for long term holding due to vol decay and ONLY guaranteeing performance match on any timeline longer than a day. Not judging though. I also 2x and 3x leverage etfs so I belong here. I'm just saying most retards here don't know the risks nor care. My pussy ass bought UPRO on the 2022/2023 dips but sold out early 2024. Exited by BRZU Q1'25 before the massive run up. And still have my 2x SSO, 3x TNA, 2x UWM, and a few others.

manlymatt83

SSO.

double2nd

Thanks! Where can I find euorpean style single stock options then? In european exchanges? (i know european and american style isn't defined by location of the exchangem but since US SSO are all american...)

live4failure

I'm new to options. I previously swing/day trade but I have low starting capital($2000). I'm up 49% with 82 win rate in 1Y. Mostly traded fast moving stocks, QQQ, income etfs, covered call etfs, and recently QLD/SSO. Last week I tried my first 3 options by using limit orders and no stop loss. Would love feedback if anyone wants to connect lol. My goal next year is to step it up. I want to start implementing accumulation of LETFs w hedge, options wheel, and a few researched options picks for a rewarding strategy to stay aligned and gain more risk vs reward. All funds are managed daily in my Roth IRA on Webull. Also reinvested and rebalanced when positions are closed. My challenges are learning many different option strategies. What level my entry should be at and predicting profitability. What DTE to play to lock in gains and get favorable prices. How to determine when to sell to avoid decay but not miss juicy premium. Basically how to extract profits without blowing shit up. I normally swing trade between 3 days to a month but usually miss opportunities at longer timeframes.

markpreston54

there are several problems 1. the paper sampled uses the sample of Chinese brokerage account, and anyone knows Chinese market (or just look at SZSE, SSE) knows Chinese stock market is brutal last decade, and prone to manipulation in the past, if not in present. 2. It only included margin loan, and investor who are willing to take on margin loan tends to be what Chinese called "goucai", or "dumb ones with money for harvesting", betting on often overvalued, small cap security, and over trades (stated on the paper) that ultimately hurt your return. There is a very large difference between day trading on margin, and buy and holding SSO 3. Admittedly leveragef etf has a high fee, but 60 bps fee on capital for 1 times leverage. are not unreasonable compared to typical spread charged by margin loan, especially at small sums (e.g. IBKR charges 1.5% spread).

EstateNo833

No we dont my guy. We know roughly what a rocket CAN carry we do not know what each rocket IS carrying. And even what they can carry is closely guarded as much as possible.  As commercial satellites weigh less, governments tend to try to underinflate that number as much as possible because a larger number indicates a mixed use or government use satellite is going into orbit.  If China says "we sent a rocket with 7k kg into SSO", what that says to everyone else is "we sent a spy satellite into space".  SpaceX benefits by overestimating their actual payload delivery, government entities do not, and i wouldnt be suprised if SpaceX lies about some of their commercial payloads to mask government payloads too.  There are people paid by your tax dollars who literally spend their time trying to figure this stuff out, sifting through reams of Chinese and Russian research and data and publications. Its really not as simple as you think it is.  

Rich_Factor_7026

Sorry, should have clarified. I now contribute $6k a month. In 2023 I received a tax free settlement of 46k that I put the entire amount into investments. Also, in 2022, I started in September and maxed out my 401k that year, and have front loaded maxing out the $401k with catch up since. I also front loaded backdoor Roth Ira’s as well and then move on to the rest in a brokerage account. In 401k about as aggressive as I can with the offerings. In the brokerage account, mostly QLD and SSO.

Maventee

Decay is a thing, but I'm hard pressed to find where some major index leveraged funds would underperform long term. Take SSO or SPXL for instance. Graph them along side of SPY and see what you get. Assuming your underlying goes up over time, you should be good. Sideways and down kills you. So you have to ask yourself... how confident are you?

mistressbitcoin

My choices right now would be bitcoin, SSO and Brk.b 😀

Dry-Drink

That link was weird and in a different language for me but I'm not underperforming 2x leveraged S&P500 like SSO).[ Over the past 5 years](https://imgur.com/a/yKwJmrf), I'm at +169% while SSO is +157% My volatility has been a little less too (31% vs 33.8%). And most importantly: I don't possess hindsight. I didn't know USA big cap stocks would outperform so much back then. So I DIVERSIFIED. And invested in bonds and commodities and international stocks. And yeah they didn't do AS WELL but unfortunately I'm not a prophet and can't know that beforehand.

zwirlo

You didn’t get defrauded but you got ripped off. It is well worth your time to sit down and watch some basic investing/finance videos. The emotions that lead to not wanting to do research cost hundreds of thousands of dollars at the least. You missed out on having $367k in a normal fund like VOO. 2.2 million if you used leveraged funds. But it’s better to have what you have then have lost it all. Second best time to plant a tree right? The broad conservative advice that anyone here worth their salt will tell you that a low-fee, broad market, US-based ETF has beat 9/10 professional investors over 10 years and that number approaches 100% as the time horizon increases. Check out r/bogleheads for more info on this theorem. The difficulty of beating a market index is such a consensus that it has a name, called beating alpha. Because of that there are many low cost SP500 funds to pick from, namely VOO. And honestly even that’s too conservative for me, I use leveraged funds because the market index is do solid. If I were in your position I’d put it all in SSO which is the ideal leveraged and least-sector exposed one. And honestly that’s still too conservative for me I dump my own money into TQQQ.

Necessary-Ad-6254

There is a letf reddit. And people post many strategy. I think not many people buy and hold leverage etf, they go in and out and rebalance because it is so risky. I also want to point out there is sso, 2x voo. I think YTD QLD outperform SSO, but I think for 5 years SSO and QLD is really close, most likely due to decay. So if you want slight lower risk, SSO is also an option. During a market crash qqq might crash 30%, but voo 20%. I think you can also don't use leverage, for example buy spmo. I think spmo 5 year is 135%, and qld 173%. For some strange reason in recent years spmo don't drop much during market crash. I think another strategy is only use leverage after a crash. Many ways to play around with it.

MoeKenshi

SSO

MutaliskGluon

But SSO has a 168% 5Y return and mine is like 500%. My monthly stdev is 11% LMAO. I have 4 separate months of 39%+ but my lowest month is only 11% so the stdev is super high because of GOOD outliers