1D·

Holy Amubo savings plan

I will include the $CL2 (-1.81%) as a savings plan in my securities account. Would you run the savings plan weekly or monthly? Maybe some of you are also invested.

LG Max

31 Comments

Saschko@WarrenamBuffet

I think if I were to leverage here then it would be a maximum bet, i.e. no savings plan, but in a crash with market timing :D

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Enrique@Der_Dividenden_Monteur

Apart from the fact that this ETF is not really designed for a savings plan and buy & hold, I would be cautious with something like this just below the ATH of the indices.
And to quote @Epi: think of the drawdown with such an instrument.

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Chandra@Chandra

I invest monthly.

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Tenbagger2024@Tenbagger2024

It has a fairly high Europe weighting. Is it leveraged?

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Patrick Schäfer@Hotte1909

23H

I don't know. I traded with the 3x from time to time on a weekly basis. I had to be very careful. But I never actually did a backtest to see how it would have behaved with a savings plan... Maybe I'll do one sometime 😀

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Rmann@Epi

A 2x leveraged USA ETF without a strategy? Easy after 15 years of boom. 😅

You'll need nerves of steel and a good job to get through the next few years. In 2020 alone, the ETF lost 50% within 6 weeks.

Reconstruct how the ETF would have performed in 2000-2010.

Without a clear strategy, I wouldn't put something like this in my portfolio.

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Svenska1232@Svenska123

Set stoploss

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