UPRO

Illustrious_Pair2990

So buy UPRO at 10:29am PDT?

SignificantBar7172

You just suck at trading. Follow the trend instead of trying to time reversals. If the market is moving up from 9:30am-10:00am EST, buy UPRO instead of trying to guess the top and buying 0dte SPY puts. It's that simple!

SovietPower777

I bought UPRO on the dip on Friday and sold everything after his fake victory tweet, feel better than ever

SovietPower777

Unethical, I only use UPRO/SPXY these weeks

SovietPower777

Bought UPRO, already sold after pump, I'm still extremely bearish

SovietPower777

Bought UPRO on 96.00, sold on 99.45, I'm done for today, war is not going to end soon, everyone who holds during the weekend must be regarded

SovietPower777

Bought UPRO fullport for 96.00, should I keep it or better to sell now?

Shiz_in_my_pants

>someone who thinks leveraged ETFs are a long-term strategy. I've held $UPRO (a 3x sp500 etf) for 5 years now. It's currently up 434%. I think that long term strategy is working out ok so far. Also, why the dislike for triple leveraged etfs when people in here are losing everything in one day on 0dtes and other options?

thenelston

not particularly, theyre obviously higher than passive funds (UPRO is around 0.7% or so iirc) but for managing all the stuff i need pretty passively its a fair trade off and i cant do futures to replicate their strategy myself in a retirement account

Marshmallowmind2

Tinder date asked where I see myself in 5 years. Pulled out my UPRO cost basis spreadsheet. She ordered an Uber before the food arrived.

SovietPower777

It's unethical IMO, the only ethical choice for me now is SPXU/UPRO

WinstonBuddyBro

Yes. I stopped trading UPRO(3x S&P) on dips, and started trading SPXU(-3x S&P) when SPY hits resistance. My strategy is extremely boring. Only trade those two.

Frankfurter_i81U812

Oooooo same I’m sitting on a bunch of UPRO and TQQQ ATM Calls. We can lose it all together buddy !!!

WinstonBuddyBro

Awesome job. Now instead of the slot machine 0dte, trade shares of UPRO (3x) or SPXU (-3x) if you actually want to build your money in a safer trading environment.

Frankfurter_i81U812

To whomever paper handed the fuck out of their UPRO options on the lowest end of the spread. Thank you for making me 21.25% in the blink of an eye.

Frankfurter_i81U812

January 120 UPRO calls are looking like a snack

One_more_username

Why stop at that? Just buy the shortest dates calls on a 3X leveraged ETF. The more volatile the better, so no UPRO/TQQQ. Go for NVDL or something and buy weekly calls.

NotAnotherRebate

UPRO, TECL, URTY. Mostly UPRO. I was tempted to go into SOXL Monday, but it's been giving me bad vibes. Over time I've learned that with these small dips, I can wait out further downturns in UPRO with no problem because the decay is not as bad, which also makes it easier to continue to buy more as the downturn continues. The decay on TQQQ, SOXL, TECL, URTY can suck real bad especially on deeper downturns. I have a long term 600k that's all profit that I let ride in LETFs (over 400k of which is UPRO). When it gets more than 50k there I harvest profits from that over time and place in the S&P or Nasdaq. When I put new money to work in LETFs, I also leave the profit in there. I've been doing this for many years.

WinstonBuddyBro

I bought UPRO on that mid day low and sold on the dead cat bounce. +0.50% on the account today. Got something out of this bloody bear day.

tmssmt

I know we're only <2 months in, but I'm +19.28% YTD trading purely on UPRO (3x SP500).

DesignerSea494

Yep. I’ll go leveraged SPY when UPRO hits $50. Not a penny sooner. SGOV ftw until then.

ski_town

You could add a small % of leveraged position. Yea yea volatility drag, decay, etc etc. Look up lifecycle investing which shows that 2x leverage is recommended early phase of investing and deleverage with age. If you want a "little somethin", you could do 90% VT and 10% UPRO which gives a 1.2x leverage

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.

DGINDUSTRY

MAGS, SHLD, UPRO, CHAT FOR the next 25 years

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

FudFomo

What are you going to do if we get a bear market in the next year? You can get UPRO and at least bag hold.

Good_Ride_2508

I have been trading ETFs like TQQQ, SOXL and UPRO. Other than these three 3x, most of the 3x ETFs has the real risk of disolution at the low price when volatility peaked as high as 33% (most likely you know this). Even this index LETFs are safe by circuit breaker. As far as I know, US systems do not have emergency restrike. If you do not know what is restrike, google "WisdomTree emergency restrike of 3SIL (3x Silver) to prevent liquidation" To know more about 3x ETFs, read this person's blog [https://www.reddit.com/user/modern\_football/](https://www.reddit.com/user/modern_football/) This is too much theory, if you do not like it skip it. Good Luck and Happy investing.

teamyg

Sold out UPRO at 120.5 (cost 118.5) and took profit, good enough 😁

teamyg

Bought some UPRO at 118.5, target SPX 6975.

WinstonBuddyBro

I should’ve bought SPXS instead of UPRO. 🤦‍♂️

I_Study_The_Patterns

The obvious solution is UPRO 3X leveraged SPY

nhannlcc

Already have UPRO.

BlueSpaceSherlock

Stocks are too volatile for me. From now on i am going to put my money into less risky index funds such as UPRO and TQQQ.

tmssmt

I'm up 11.79% YTD already, purely trading SP500 ETFs (actually UPRO, 3x leveraged SP500). UPRO over that same period is up 0.92% Been very lucky buying dips and selling peaks (well, selling for profit anyways, often I sell and it goes up 3x the return I sold for 🤣 )

Training-Rip6463

UPRO is your answer. UPRO always. UPRO forever.

Objective_Gear4634

I was all the way in UPRO. Sold it all and went all the way in SPXU. Am I dumb?

RedditMapz

Even at 5% Margin is still the absolute worst way to get leverage. **3x LETFs like UPRO will always offer a better interest rate** than your broker for an equivalent amount of leverage. Right now UPROs interest rate plus fees is around 4%. I won't get into the weeds of the math unless you want me to, but generally a US 3x LETF always beats broker Margin because they use the lowest interest rate for banks to get leverage and just tack on an ETF fee. Brokers are trying to make a profit on your borrowing so they will always be at least 1% up to 10% higher than the interest rate. There are even better strategies using futures or options, but for the sake of simplicity, LETFs are the best approach for 99% of people seeking passive leverage. **Portfolio construction** If you wanted to, for example, have 1.5x exposure to the S&P 500 you could do: * 75% SPY * 25% UPRO (3x SPY) **Disclosure** This is what I currently do. My effective world market exposure is something like 1.3x using LETFs.

Redfield11

To have caught up? Not really - mostly several small cap bets I got lucky on (especially Planet Labs but also Lantronix and now smaller bets with POET and DUOT that have started well) and then getting a big chunk of Google when it dipped to that like $150 price. I did dabble with SOXL and UPRO early on but sold those after like 2 months, my heart couldn't take the extreme ups and down lmao

Stocks_N_Bondage

**First:** set up a Roth IRA (not a traditional IRA) and put the money in there. Do that today, regardless. Then, either buy SPYM or better, buy UPRO, which is a 3x leveraged ETF that follows the S&P 500. Important: if buying a leveraged ETF like UPRO, set a 10% ***trailing*** stop loss, so if UPRO falls by 10% from the highest point since you bought it, it will automatically sell. When you get stopped out, wait till the market is trending up again to rebuy. ## Expected Value SPY: In 25 years, that $400 would reasonably be $4000 if invested in SPYM (10% a year over time, and not bothering to jump out with stop loss orders). UPRO: Being leveraged, UPRO could improve upon that, so that after 25 years $400 could be $50,000 to $170,000. But this is assuming that you are using good risk management, jumping out with stop loss orders to avoid the major drawdowns and jumping back in with uptrends, and are in a tax advantaged account like a Roth IRA. ## Better Plan Either way, the above is a "set it and forget it" approach. If you want to be more hands on, then read "How to Make Money in Stocks" by O'Neil, and invest in growth stocks. Also, do as much as you can inside your Roth IRA. Good Luck.

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.

StrictGuide2475

We are at levels not seen since Thursday afternoon Time to buy TQQQ and UPRO

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

Historical-Cost1444

UPRO***

zxc123zxc123

Secular bull has been intact since 2008. Cyclical bull is since 2020 or 2022 depending on who you ask. And yeah my guy BigB did buy some GOOG. Also do you have puts? If I buy UPRO, then UPRO will inevitably tank.

Mitraileuse

Why sold UPRO? we all know SPY will keep breaking records forever

Machine8851

I find UPRO runs well with either VT or VXUS. Such as 50% UPRO and either 50% VT or VXUS

zxc123zxc123

As always: 1. Whatever I buy drops. 2. Whatever I sell goes nuclear. * Held T. Did nothing. Still holding. * Held PSKY. Does nothing. Still holding. * Sold UPRO Q1'26. It goes nuclear. * Sold BRZU Q1'26. It goes nuclear. * Sold UWM this fall. Went nuclear literally days after I sold. Not investment advice.

zxc123zxc123

Original purpose of these 2x, 3x, and 4x etfs are for DAILY trading so a person could get 3x DAILY exposure to say the S&P500 without 3x the money. VOO costs $600. UPRO $120. You have $500 dollars. Before fractional shares you could buy 0shares of VOO. Even with fractional you would only get $500 of max exposure to VOO. With UPRO you should theoretically get $1500 exposure to UPRO (for a day). We've had a near 2 decade bull rally with no real major downturns so folks look at the UPRO/TQQQ charts and think they always go up. Problem is you'd get fucked if you bought PRO on 2000 or 2007. Also vol decay means you'll still lose if the S&P500 goes up but not enough.

nooneinparticular246

I had a fantastic year and all I did was buy the dip with UPRO (SPY x3 lev etf). Took a 100% profit.

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.

AICHEngineer

Bro Leverage cost for a 3x LETF is ( EFFR + 0.4% ) × 1.1 swap exposure × 2 points of leverage Current EFFR is 3.64%, so barring further rate cuts, total return equity swaps cost 8.89% APY for UPRO or TQQQ, not 2.5%. This is separate from the 0.91% expense ratio. That being said, I use UPRO in a diversified portfolio of uncorrelated assets, but dont lowball the costs in your planning.

zxc123zxc123

Had some of my cash covered puts get executed like UPRO/TNA. Sold out like a bitch as soon as I had gains to get cash back again and sell more downside cash covered puts. Should have just kept the UPRO/TNA.

g-unit2

thank you, this is a great take. *past performance does not indicate future performance* with that said, it’s still hard to not look at the 5, 10 year returns of VOO vs UPRO and not see opportunity left on the table. for someone as young and secure as I am, I feel like i’m fortunate to be in a position to be able to risk 5% of my portfolio for some high potential upside. i’m already well into Coast FIRE with my current portfolio. if you have a second, curious to hear you poke some holes in this comment as well, thanks in advance.

the_humeister

I was -50% at one point on UPRO. Then I sold when I got to even. Should have held instead...

AICHEngineer

Im a huge fan, using a partial allocation to LETFs to increase exposure to the market to make room for uncorrelated diversifiers. Bonds, managed futures, gold. Uncorrelated assets offer the opportunity to rebalance on a fixed schedule like a target date fund but with more juice. I use UPRO, GDE, RSST to provide leverage, and add in ZROZ and AVDV and AVNV for long term treasury exposure and intl value exposure.

NotAnotherRebate

Man, it can drop a lot more than 30% and you have to be ok with that. The market can and will test your limits and beyond. I've bought UPRO and held for years. I currently have some positions that date back to 2021. I buy on large dips and wait for the eventual rebound and sell as it goes up. As it stands now I have over 600k in just profit that I let ride and harvest chunks of profits from it when the market stars feeling frothy. So for example, if it jumps up to 700k, I may end up selling 50-100k in chunks of 10k, locking in some profit. I take that profit and buy the SPY so that I'm always invested. When the markets shoot down start increasing my exposure in LETFs. It's a great tool for taking advantage of market swings. But you have to have balls of steel when that shits going down. As an example, I bought into the April tariff scare. It shot down more, so I bought more. Then it shot down more and I bought a little more. At this point I had over 1.7million in LETFS. Then it just kept going down another 10%, I panicked with losses of 1.2million at the lows and my ass stopped purchasing. As the market shot back up, I sold for a profit but I should have held it till the full rebound. I just could not trust what that Orange menace would do next and how the market would react to him. Luckily I was up over 1mill in profits earlier this month so its ended up well. In the end, I do believe in the markets and it's ability to recover and reach new highs. That's what helps me in having the conviction to hold onto something like UPRO. But the market will test your limits.

BallEnvironmental670

UPRO is my only vice

markpreston54

I disagree. as long as your expected return outpaces interest rate, your mean expected wealth increases, it is the median wealth and by extension, in economic terms, expected utility from wealth that may get hurt from leverage (or in laymen term, risking what you need for what you don't need when you over leverage). if you present the statement to real estate investor who invested in the for a long time, say 30 years, in practically all major city around the world, they will very likely disagree, if not laugh at you. If you buy and hold UPRO since inception, you would have outperformed SPY by quite a few despite being torched by 2008 or covid flash crash. Leverage using "smart debt" is not dumb

TheRealArmament

QQQ/VOO and UPRO cause I’m feeling spicy

teamyg

SPY will hit new high tomorrow. If you dunno want to buy, just get some UPRO. Makret-Makers' plan is so obvious, time to load up.

RSI-Watcher

Any index etf that is at an all time high proves you can hold and make money. Trade the dips, and when you're wrong, don't sell, just hold and wait. You'll eventually go green again. Granted, you won't make money like in the SMX run this week, but you won't lose either. Study a 50 year SPY or QQQ chart, it's dips, and trade UPRO or TQQQ. See how that works. But don't quit. Follow your rules. Remember, in every 1000% small cap runner, there's lots of losers and bag holders. So stay out.

Apprehensive-Mix4473

I had a strange idea to combine UPRO and XDTE with SPY puts purchased off the XDTE dividends as a hedge. I ran the numbers, how it would behave in drawdown, and realized; Ok, this is essentially just buying VOO. Oh well. Back to the drawring board.

Iunatic

Stop thinking so much about these things. Just buy 90% VOO and 10% UPRO and you'll probably outperform most of the regards here

w562d67Z

Didn't someone try this already with triple leveraged UPRO and TMF, which promptly blew up in 2022?

k0unitX

So UPRO with extra steps?

Dapper_Addition_3837

Solid aggressive tilt, but it’s too concentrated and has overlap/risk issues for a 7-12y horizon.Quick revised version (still very aggressive but cleaner): * VWCE/VWRL → 30% (keep broad world exposure, lower than before) * Nasdaq-100 (e.g. QDVE or UPRO if levered ok) → 35% (your main growth engine) * Emerging Markets (e.g. EIMI or EMIM) → 15% (good, bump a bit) * ASML → 5-7% (10% single stock is too much for 7y goal) * Biotech/AI biotech (SBIO or similar) → 8-10% * Bitcoin/ETH (spot ETF if available) → 5% max (volatility killer if it dumps 70%+ again) Total equity \~95-98%, BTC 5%. Expected return high, but drawdowns can easily hit -50% or worse.Key fixes: * Cut ASML to ≤7% (one Dutch fab delay = -30% fast) * Don’t double-count Nasdaq exposure (VWRL already has \~20-25% US tech) * Cap BTC at 5% – it’s a lottery ticket, not the core If your broker really sucks for ETFs, just go 50% Nasdaq-100 + 30% EM + 10% SBIO + 5-7% ASML + 5% BTC and call it a day. Still >90% equity, very aggressive, simpler. You’re fine with -60% drawdowns for a few years, right? If not, dial Nasdaq to 25-30%.

DesignerSea494

Ok. Ramp in hedges as your portfolio grows. KMLM, TLT, GLD. Then, when you approach your target; start siphoning high risk plays and leverage into VOO. My number is 2M an here’s how I’ll be allocated when I hit that: 5% speculative, 15% leveraged SPY (UPRO or similar), 50% hedge (TLT, KMLM, GLD, Cash, and 30% VOO.

DesignerSea494

So damned predictable. When WSB bearish, full-port UPRO. When bullish, shave profit. The realized gain this year has been insane.

DesignerSea494

I didn’t buy calls on Friday. I did buy UPRO tho.

KyOatey

So the SPXL or UPRO (3x S&P 500) would be better in that regard.

arctic_bull

You mean the daily rebalancing effect? Daily rebalancing hurts NAV when the price oscillates around a mid point, it actually helps when there’s directionality. So the UPRO 3X SPY has actually performed closer to 4X SPY long term because the S&P tends up. If you see a sustained move down I’d expect SQQQ to exceed its benchmark leverage target.

AffectionateLeek5854

TQQQ UPRO and SHNY . Tech , S&P 500, and gold for safety.

VotedOut

Your comments in this thread are a bubble indicator to me: * Large six-figure positions in UPRO an TQQQ when the S&P 500 valuation measures by CAPE ratio, Buffett Indicator, and Mean Reversion metrics are all at 1929/2000/2021 levels [(2 standard deviations above historical trend](http://currentmarketvaluation.com), which were all bubbles in the past that preceded crashes). Valuation-wise, there is almost no denying that the market is in a bubble. * "Not even Trump attempting to nuke the entire economy could bring it down 25%." A 25% market drawdown wouldn't even come close to bringing the market valuation down to the historical average line. It could go down much further than that. * A 50% market drawdown will be a killer for anyone who just went all-in lump sum any time semi-recently. A 50% market drawdown is definitely plausible when the market is this over-valued. And with so many more degenerates crowding into call options, leveraged ETFS, meme bubble stocks (crypto, NVDA, TSLA, PLTR), and going in big on every single dip/rip more than ever, that 25-50% market drawdown will be more like a 90%+ drawdown for most degenerates in reality. * You say that so many people are waiting for a crash as a buying opportunity that it's going to immediately be over-purchased and money will get pumped. But then in a follow-up comment you offer up evidence that too many people have already piled in already (Retail going from 10% of total equities trading volume in 2010 to approximately 25% by 2021, with recent estimates at 30% and 37% of daily trading volume). * Faulty logic: "We'll continue toward the moon because we have no where else to go." Here's where else we could possibly go: DOWN. * Famous last words: "And I fully believe we can't even crash anymore."

reichjef

Instead of just selling puts, you could try to wheel. Take some leveraged product where the IV is naturally higher like the TQQQ, or the UPRO. Buy the underlying, and start selling the calls a percentage above your current price you’re comfortable being called away at. Then, just work the weekly’s and collect premiums. And if you get a call away, just rebuy the next Monday at the best price you can get, and start the wheel up again. It’s a decent way to juice gains. So Monday, if the TQQQ begins at 106, buy it and look to sell the call at strike 116 or so at the same ratio of [100 shares:1 contract]. If you go two weeks out, Nov 28, you can probably sell the 116 for about $120 per. So if buy a 100 for $10,600 you can sell the 116 for $120 and get that money immediately. Your breakeven is now at 104.8 on the underlying and your max profit is 1000+the initial of $120 for a max finish of $1120. If it settles above 104.8 but below 116, you can let the call expire, and sell another one further out as you will keep the shares, and you’re still profitable. If it finishes below 104.8, you will take a loss, but, you will also keep the shares.

thesecondmarshmellow

Scenario 1 Of my invested amount, I hold about 30% to 40% in a triple levered etf vs my preferred index. So let’s say I start with a $100,000 account, with $40,000 in UPRO, and I’m benchmarking performance against VOO/SPY. If I make a $1,000 deposit, I buy $400 UPRO, and leave $600 cash. My overall performance most of the time matches the market, but I’m 60% cash. When the market goes down by more than 20%, I use all my cash to buy the index fund, VOO or SPY. This strategy outperformed by wide margins over the last decade, with zero risk of margin call, and the downside being that triple levered etfs will perform terribly if we see a decade with more down days than up days. Scenario 2 I have $1,000,000 in a portfolio margin account to start. I put it all in VOO. When the market goes down 10%, I use a box spread to buy $90,000 worth of VOO. When the market goes down 20%, I use a box spread to buy $80,000 worth of VOO. So on and so forth down to 50%, at which point my debt to equity ratio will be 70%. When the market returns to its starting point I sell all of the shares bought with borrowed money. So long as the market does not do a 1929 style crash and the time it takes to return to start is such that I surpass the rate to borrow in my box spreads (which for much of the last decade was less than 1%), I outperform the market. Both of these strategies answer your question and outperformed the market over the last decade, however I’d caution everyone that in the event that AI does not deliver on it’s promises and the non-AI economy continues to stagnate, the next decade will not be as rosy for investors as the last.

Waygzh

Bro I've got $500k in UPRO and TQQQ lol

alwayslucky7

A mix of TQQQ, SOXL, USD, UPRO, UDOW (10-20) And the rest in SPY, VOO, QQQ, QQQM, and maybe throw some into the leveraged google etf GOOX - i believe its called

k0unitX

You don't need options income, you need (at least some) leverage. SSO, UPRO, QLD, QQUP, BTGD, BEGS etc

circadiggmigration

You're using an enormous amount of leverage. Yes, maybe the nasdaq 100 will gap down tomorrow. That's entirely possible. But you have so much leverage that one of many things can go wrong even if you're right about the direction of the market*. You can get margin called. You are speculating on the underlying value of a highly leveraged stock. That means the IV is high. If it doesn't go your direction right away, you will be on the hook for IV crush. You paid a premium for the privilege. You could have made the same trade, with less risk and fees by just buying UPRO or buying options on QQQ. The more leverage and the more fees you pay, the more things have to go in your favor to not lose money.

darkslide3000

If you bought and hold UPRO for those five years you'd be at close to 300k now. F'king casual.

PassionCompassion

You're going to have a hard time quitting unless you strictly make ways to never touch options. You will have those urges to 'get rich quick' again, especially after seeing you lost more than $70k. The wisest shit to do right now is just throw your remaining money into investing in SPY or UPRO (2x leverage of SPY for more profiting, but if you can handle holding through market crashes). Or TQQQ (3x leverage of QQQ, but again, you must be willing to hold through market crashes and not panic sell). Keep working and funneling money into investing in those ETFs I've mentioned. You can do small-cap stocks as well, but you have to really make sure those will be valuable in the future. Eventually, you will get back your $70k. You're 25 so you have a long life ahead. There are those who are like 40-50 years old, yet gambled away their money. There are those who are 60-70 years old, yet still working. There are those who are 80 years old, yet heavily relies on different kinds of funding to get by each day.

AlternativeSignal908

Not to diminish the amazing result (28% annual returns), but for those of us investing in SPXL, UPRO, SSO, etc. today, I think it is worth noting that this success was largely due to investing when the levered ETF had crashed 70-80%. That's the time to go all. Otherwise, it's best to build a portfolio like 40% UPRO, 30% ZROZ, 30% GLDM and target returns that beat the S&P by just a couple percent annualized. Would be interested in OP and others' perspective, but the huge cajones was going all in on massive leverage when everyone though the world was ending. Having cajones today and thinking the result (without a hedged portfolio) will be the same in a decade or two is probably wrong. Wait for the crash and go hedged until then. Even then, worth noting OP suffered a 76% drawdown on a $930k balance in early 2020. He'd made enough from 2010 to 2020 in the levered position to still be ahead vs just having invested in SPY or VOO, but tough to watch $700k evaporate in a month. [https://testfol.io/?s=52fT0SdC39B](https://testfol.io/?s=52fT0SdC39B)

cheapdvds

I have maybe 30% on UPRO, been holding since even before covid happened. Will keep holding for the next 20 years, will trim some, if it ever to get to 100k, 150k and then 200k.

alwayslucky7

I bought a grand worth tqqq in 2016 for $4.72 avg a share and slowly added more- my total investment was $3760 ($5 a week) I sold it last week at $113 a share (389.7 shares) for a total of $44k The paperwork on the sale said the average that I made was 38.9 % a year for those ten years (the highest year being a gain of 91.4%, the lowest at 19.7%) When i bought it back then, people were warning me about the risks involved and truthfully I wish I didn't listen to them, i'd be fully retired and not just partially. My plan was to wait till the market lets a little air out of the ballon and rebuy in and basically hold for another ten years; if it sticks to its 30%+ average per year- i'll have the 600k I need to fully retire. Granted I have other stocks, but the amount of time and effort and stress that goes into all that truthfully isn't worth it for me- at least anymore. It used to be really fun. My leveraged nvidia of course has done well, and leveraged apple, google and tesla too- but I also have some major losses that brings my ten year average to 17.2%. By my math, if i did the reverse- mostly into TQQQ, UDOW, UPRO, SSO, GLD, TECL, SOXL, SHM, ect and the minority amount into leveraged blue chips- my net worth would've been about 200k higher. So my advice would be to start the way I did- and only use about 10% of your portfolio on letfs like this & if the chip and ai bubble continue to inflate then start adding 10% per year for those ten years. If you start at $1000 and max out your IRA (583 a month). If Tqqq sticks to its ten year average (42.3%) then you'll have close to 600k after 10 years. 3.5 million after 15 years and well over 20 million dollars after 20 years. Good luck gangster

zxc123zxc123

Nice. Highly regarded. *Nods in approval as a fellow UPRO degen* I sold out of my UPRO like a bitch in 2024. Luckily I just shifted to VOO/SSO while riding my UWM/TNA. Been selling UPRO puts but they never exercise. Do you plan on ever deleveraging?

Waygzh

Every time you highly regarded folk post about losses I buy more UPRO. https://i.imgur.com/snYPKem.png

SmokedGouda1234

You need a share as a cost basis like 100. Much less risk you can also buy into UPRO. When it keeps dropping, sell and then buy in at the lowest of lows and ride the wave back up. Only problem with tqqq is if the tech sector collapses like it did in 2000 but dips like april, 2022, and covid proved to be quite lucrative

arc_tracker123

I full ported into UPRO

DesignerSea494

If it were me, I’d just park it in UPRO and check back in 20 years.

AlwaysSilencedTruth

nah you need to max out any loan anyone is willing to give you, put it all into UPRO 0DTE out of the money options every Friday until you die

Then_North_6347

SPLG for low risk or UPRO for higher risk.

manofjacks

SPY would be the option ticker you'd want to trade options. Remember playing with options is also understanding the built in premium in the options. The markets can still go up yet the option alreadt has an implied movement built into its price that the markets are going up. You can always play with leverage etfs's like TQQQ or UPRO to get 3x SPY/QQQ

Then_North_6347

UPRO 143 shares

lledyl

Fn UPRO

lledyl

UPRO you cheating whore. I’m not taking you back maybe if you dip again.

MuchPaint6239

UPRO

arc_tracker123

Holding UPRO

Consistent_Panda5891

5x is really bad. I mean a small drop can make you loose everything, UPRO is the best. 4x leverage can have less return than 3x and so 5x will have less return in a long period.

DesignerSea494

Not sure where I said I was doing that, but ok. I run a barbell strategy involving UPRO balanced with hedges in gold, energy, health care, treasuries, and defense. With a modest allocation in speculative high-conviction stocks.

RealHornblower

"Buy the dip" is not wrong, but at least wait for a real dip. \~5% moves happen all the time for little or no reason and are not worth changing your allocation over. I've been mostly SPY, but shifted to more UPRO (3X SPY) during the April drop. Sold a bit too early, but still in SPY so not missing out on the uptrend. If we drop 15-20% I'll move a bit more back into UPRO. This is far from perfect but I'm not going to lever up based on the market being 5% below all time highs, at least give me a double digit decline first.