NVDA
is a buy for the next several years, if not indefinitely. I trade leveraged ETFs and options, buying and writing, and add shares with half of the profits on red days, intending never to sell them.
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It’s a beautiful day!
Former scientist, enthusiastic reader and student of capital markets. The home pictured is gone.
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Ultratech : leaveraged etfs are horrible for long term.
BelleWeather OP Ultratech : Agreed. That is why I trade them and move profits to shares. (Also, I mean, depends on time frame, but I’m not a gambler.)
BelleWeather OP Ultratech : I do think it’s important to explain why and how and what is meant…
Ultratech BelleWeather OP : decay/rebalance obviously if you're flipping profits after into shares that works. holding the actual company shares is just better for long term
BelleWeather OP Ultratech : Pardon, that’s what I meant.
Ultratech BelleWeather OP : if someone knows what they're doing definitely have at it. I do hold spyu which is one of my favorites