$Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US...

183602919 : If you're prepared to hold it for a long time, isn't there no problem?
In the long run, it's definitely in the super low price zone right now.

Fire-無限スパチャ 183602919 : If you can't keep your mind up for a long time, I don't think there's a problem!

If the fan can be done properly, I think this is the time when there will be no problems.

アマチュア投資家 OP : If you hold it for a long time, you can buy TLT, etc., and I don't think leveraged products are something you hold for a long time. Structurally, costs are probably enormous under high interest rates, and there is a high risk of holding while falling. It may skyrocket in the future, but there is no point in stock prices falling to the ground at that point. Also, are you expecting a hard landing due to commercial real estate risks? It seems that there are people doing it, but at least Powell denies that this is a problem that only some regional banks face, and since there is almost no damage to major banks, there is little concern. Based on those, wouldn't it be possible if they were aware of the risks when buying?

183602919 アマチュア投資家 OP : If you compare costs and distributions, the distributions exceed, so I don't think it will be negative due to costs. Please let me know if I'm wrong.
Also, in order to earn the same rate of increase with TLT, you may be tied up with 3 times more funds. I think buying within your own limit at a low place and carrying over without being impatient will lead to profit. I think it will return to close to pre-COVID-19 levels in the next 1 year, or 2 years at the longest. As a matter of fact, it probably won't rise until during COVID-19. Even so, it doubles.

アマチュア投資家 OP 183602919 : I'm sorry, but it was a complete mistake. I can't write enough about the mechanism of leveraged products, so I'll omit them, but I think you can understand it after doing a little research. First of all, there are people who use the expression “historical cheapness” for leveraged products, but since it is basically a system where time passes, the more disadvantageous it becomes, the higher price devalues steadily, so it is natural in a sense. If you look at other leveraged products over a long period of time, I think it's obvious at a glance. Also, it is important from here on, but it is actually different when it comes to whether products that claim to be 3 times higher will actually rise 3 times. Right after the rise, the figure is close to that, but it decreases steadily. And when it goes down, it goes down even further. It's not a level where you can catch up at all when it comes to dividends, etc. Therefore, for example, Levanus, which was often talked about for a while, still hasn't reached that point at all while the NASDAQ is updating high prices. Most of the people who have lost a lot in the past 2 years or so jumped at a historical low price due to the downturn. Leveraged products make money when they are in an upward phase, but since they are products that are quite disadvantageous in a downward phase, they are difficult. And one more thing, regarding interest rates, we must not forget that this was already at a fairly low level even before COVID-19. Let's check it out on the long-term chart. If the economy eventually goes bankrupt, there may be a sharp cut in interest rates, but the Fed wants to maintain it at a high level, and that is because inflation is progressing to the point where the lives of low-income groups cannot be maintained. Since economic data is actually strong, there are concerns about a rekindling of inflation, and if companies can hold on to it, the outlook for interest rate cuts is declining steadily, isn't it? While such a state continues, I think it would be good to invest after understanding the risk of continuing to have leveraged products. Thank you, I think there are many people who look at the chart and buy it with the wrong understanding that they buy it because it's cheap or that there will be an interest rate cut someday. There is no point if the stock price is 1/2 of what it is now when it rises by 2 times, and there is a possibility that it is even worse. It's simply an unfavorable environment, and I think it's good to measure the timing before buying, and I also have a watch. For the above reasons, don't buy leveraged products and don't do anything you don't understand why you just endure it. If you want to check an extreme example, I think it would be easier to understand if you look at LABU's long-term chart, which has recently skyrocketed and been making noise.

183381923 : YouTuber Tsumoto Kokoro called Itsuki (Itsuki) from Liberty in Levanas has a history of arrests!

Loan dealer Kiko and Tsumoto Kokoro arrested on suspicion of keeping a bank book containing welfare expenses
On 5/27, the Kawachi Police Department and others arrested an unregistered money lending business suspect Tsumoto Kokoro (35) and 3 female employees in Nishiawaji 1, Higashiyodogawa-ku, Osaka-shi, on suspicion of violating the Money Lending Business Act (storage of bank passbooks, etc. involving public benefits).
According to the investigation, it is suspected that from Heisei 6/2 to May this year, when they lent 62,000 yen in cash to an unemployed woman (34) in Tsurumi-ku, Osaka-shi, they kept bank passbooks and cash cards to which women's welfare expenses are transferred as collateral.
Suspect Tsumoto and his colleagues targeted welfare recipients and gathered customers by handing out leaflets in Tsurumi Ward, Kadoma City, Higashiosaka City, etc. At the time of repayment, customers were called and passbooks and cash cards were handed over to lower protection fees. The department sees that there are close to 38 other victims and is pursuing it.
Mainichi Shimbun 2008/5/28 Osaka