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Old 12-04-2020, 08:14 AM   #21
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Originally Posted by Ready2Go View Post
I understand the loss of retiree medical but what would be the loss on the pension. Just curious.
I have to work until the age of 55 to receive a pension. It is only ~ $500/mth if taken at 55 and ~ $735/mth if taken at 65 but I still want it.

FWIW, the medical is $1K / mth from 55 to 65 for me and $700 for 2.5 years for my wife once I hit 65. There is some other stuff thrown in there but it doesn't add up to much.
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Old 12-04-2020, 08:50 AM   #22
Give me a museum and I'll fill it. (Picasso)
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Not making financial advice, just noting something you may or may not have considered. 3x (and 2x) ETF's are generally considered to be poor long term investments because of volatility decay. For the whole of 2020 you certainly didn't get 3x the underlying performance of the indexes, but you did assume 3x the risk. If you want to juice returns with leverage over a longer time frame, you'll do much better opening a margin account and directly levering your investments (and I'm certainly not advising leverage, just making an observation).

https://www.investopedia.com/article...ngterm-bet.asp
It looks to me like over long periods that the 3x lags the index by about 1-1.3% so the actual average long term performance is 2.7-2.8x rather than 3.0x.

Rolling returns for 33% SPXL/67% cash vs 100% SPY

3 years.... 12.19% vs 13.39%... 1.20% difference... 2.7x
5 years.... 12.70% vs 13.69%... 0.99% difference... 2.8x
7 years.... 12.67% vs 13.65%... 0.98% difference... 2.8x
10 years.. 11.94% vs 13.22%... 1.28% difference... 2.7x

https://www.portfoliovisualizer.com/...ocation3_2=100
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Old 12-04-2020, 04:09 PM   #23
Recycles dryer sheets
 
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Originally Posted by pb4uski View Post
It looks to me like over long periods that the 3x lags the index by about 1-1.3% so the actual average long term performance is 2.7-2.8x rather than 3.0x.
This is a 5 year chart of what most of my money is in. I don't like talking about it online because it usually ends up in an argument. Again, I am trying to get out of it but won't start for 13 months due to taxes. It is easiest to show a 5 year trend. This is vs the Nasdaq (100?). That huge dip doesn't make me nervous, but should, so I will get out.
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File Type: jpg tqqq.jpg (214.6 KB, 12 views)
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Old 12-04-2020, 04:49 PM   #24
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I think you want to compare TQQQ to QQQ. I get TQQQ as being 285% of QQQ for the 5 years ended November 30, 2020 using Portfolio Visualizer.

https://www.portfoliovisualizer.com/...ocation2_2=100
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