I have SOXL bought for $17 in March 2020. I have 80 shares. I want to hold for 10 years. Why is not suppose to be held long term ? I made a lot of money. It was $70 a share yesterday. I have some QQQ bought later. Buy the dips is profitable.
@@charlieparks2015 by decay do you means just when the price goes down, it goes 3 times and recovering will harder due to reduction of the position value? or there is something else to be understood as decay?
I own TQQQ , SOXL , TNA & TECL. All seem like solid investments. I now need S&P 500 exposure so perhaps UPRO or SPXL will be bought next!
I have TNA and I love it, selling covered calls on it then sell puts
Are you still holding the above etfs? If so then may god have mercy on your soul.
@@pazuzuxx Jajajaja Déjalo, ya está muerto
@@adriian2602 pero que tal planear entrar en febrero del próximo año, comprando en las bajadas, esperando el desarrollo a unos 3 o 5 años
@@Abnereytor en estos precios sí, el compro hace 11 meses. Ahora esta muy bueno largo plazo
Thanks Marcus, would love to have an update on this as of today April 18th 2022.
Do you think It’s good to buy now in SOXL at this price 38.6 or there is a risk..
Thanks
I think so
Rip majdi
I think now is good time
@@majdirawas9200 the time has begun
OMG! It's at $12!!! BUY BUY BUY!!!
I have SOXL bought for $17 in March 2020. I have 80 shares. I want to hold for 10 years. Why is not suppose to be held long term ? I made a lot of money. It was $70 a share yesterday. I have some QQQ bought later. Buy the dips is profitable.
Decay. It is recalced daily not for the length of time held. A 3x etf held for a year might only return 1.5x
Do you have to pay extra fee to hold SOXL? Thanks.
@@charlieparks2015 by decay do you means just when the price goes down, it goes 3 times and recovering will harder due to reduction of the position value? or there is something else to be understood as decay?
You really got them on the top
I thing is a good idea, buy this ETF for the next year 👍
I love $SOXL
Rodriguez Ruth Moore Laura Jones Eric
Thanks Marcus, would love to have an update on this as of today Oct 10th 2022.