The power of SOXL, with an average annual return of 50% so far...
1 million × 1.5 = 1.5 million... 1 year later
1.5 million × 1.5 = 2.25 million... 2 years later
..........
In 10 years, it will be 57.66 million.
I am not wealthy, but I have $2.7 million invested in SOXL.
Since I started investing in 2023, I have set the holding period until 2030 based on various data.
If it's for 8 years...
270×1.5=4.05 million...after 1 year
405×1.5=6.07 million...after 2 years
......
After 5 years->20.5 million
......
In 8 years, it will be 69.19 million.
I expect to outperform at an annual rate of 50% in the future, so it is a forecast that only SOXL will reach the above amount ✨
In 2023, it was 272%〜, even if it stagnates a bit, it has risen so much that it's inevitable to endure the time.
However, that doesn't mean I'm bearish from now on.
There are many bullish data.
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tena0623 : There are also such calculations.Looking at this, I want to continue holding SOXL in the medium term.It is easy to understand that the benefit of being able to spend time is based on such evidence.Although it may not be comparable because TSLL's return is expected to skyrocket in the future, I have started considering reducing the investment ratio of SOXL to about half, like Mr. Jomorin (lol).
ジョモりん OP tena0623 : Since the volatility is intense, the important thing is the holding power. I am conducting medium-term operations based on the prediction that the upper peak of the volatility will be around 2030. If you sell at the lower peak, there is a possibility that the return will be similar to the SP500.
tena0623 : That's exactly right!
It takes studying to buy, but it also takes studying to sell. I think that's what makes it difficult and interesting.I have some experience with rsp in indexes, but it was a time when money increased without needing to study. Well, first of all, I want to imagine a good future and calmly and steadily work towards it.