so what are the stats! heres the rundown!:
since hte bottom of march 9, 2009. the market has been up 386% (when including the D) thats a cagr of roughly 19%!
now the largest leveraged etf! has shown higher gainZ baby!
with a similar start date!this suckers up 1573% for an cagr of 37%.
https://www.youtube.com/watch?v=5qm8PH4xAss
You can find me in the club, bottle full of bub’ Look, mami, I got the X if you into takin’ drugsI’m into havin’ sex, I ain’t into makin’ love So come give me a hug if you’re into gettin’ rubbed
and here are some throwback bearish stats:
The previous market top is October 9, 2007! from top to bottom! the S&P went -55% for a CAGR -43%!
similarly the levered etf went down -90% for a CAGR of -81%.
https://www.youtube.com/watch?v=oUbpGmR1-QM
Baby are you down down down down down, down, down Even if the sky is falling down
Indefinitely not probably And honestly I’m down like the economy