8Mon·

Too much GQ, YT, Reddit, financial flow & co. hung out :-) -

The experiment/bet started € 250 p.m. / € 3,000 p.a. in the holy Amumbo for the next 1-2 years and then see what happens after the next correction/crash.

(>20 years until retirement, will just sit it out).

07.01

Amundi Amundi MSCI USA Daily (2x) Leveraged UCITS ETF FCP Parts -Acc-

Bought x9.817 at €25.46

€249.99

15 Comments

Uwe@SchlaubiSchlumpf

8Mon

Hehe sitting out minus 34% in one day on the NASDAQ will be fun 😄

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View all 10 further answers

Chandra@Chandra

8Mon

Welcome to the Amumbo gang!

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end@end

8Mon

Finally you can see the $CL2 here again

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Sterling A.@Income_Agent

8Mon

What would happen if the index lost 50%? Is the Amumbo then at 0% and bursts?

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Alfred E.@Papiertiger

8Mon

@Mexico2035 Like any leveraged product, it would be zero if the index fell by 50% in one day. But if the index were to fall 50%, the market would be technically stopped much earlier and we would have a global crisis in which we would have other problems than an old ETF.

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