The 2x MSCI World is tradable on Xetra

Very cool!
I'll have to see if that's something for an update to the 2xSpytips strategy?

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@Epi The first tests of a "2xWorldTip" do not promise much: less return, more drawdown.
Only the monthly SMA strategy shows a better performance with a similar drawdown.
So not the real deal so far.

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Simon_n@Simon_n

@Epi Speaking of which, what is LETSGO? Haven't seen a post about it, is it simply 2xSPYTIPS with gold as an out of market asset?

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@Simon_n Yes, almost 😉
It is an optimized variant that takes gold with SMA150 at TipsNeg into the portfolio.
LeverageEquityTipsStrategyGOld = LETSGO 😬

Sounds cooler than 2xSpytips, 😅

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It's sad that such memes are still waved through here as funny.

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Frank551@Frank551

@Savvy_investor_2000 The creator did everything right! Without the meme, I would never have read the post.

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@Frank551
And you are even sadder.

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@Savvy_investor_2000 I understand what you mean.
But where does it start and where does it end?
You find it sad, others find it funny.

I also can't understand how people pay money to have to see Mario Bart 😅
But there are quite a few of them.

I realize that the meme is problematic and I don't approve of what's happening.
But this inappropriate behavior is precisely the point.

I also don't see why the categorical imperative / golden rule of ethics should be heavily strained here...

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@TotallyLost
If respect is optional for you, then that's fine.

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@Savvy_investor_2000
In the picture you see a victim being groped.

I see a power woman in the picture who has a few teeth stuck in her ankles.

Am I being disrespectful because I interpret a picture differently to you?

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@TotallyLost
It's not about what you see in it, but what you signal with it. And the outward effect is the normalization of assault.

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@Savvy_investor_2000 but what I am signaling is just as subjective as the interpretation of the picture.

You talk as if you live in an objective reality where everyone interprets everything in the same way.

Just because it signals something for you doesn't mean that it does for others.

Also, are you telling me that you get abusive when you see too many memes because it's normalized for you?

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@TotallyLost
You don't have to be personally abusive for normalization to happen.

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@Savvy_investor_2000
In addition, the effect of language and images is created in the social sphere and not just in the mind of the individual.

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View all 30 further answers

@Savvy_investor_2000 I completely agree with you.

However, it reminds me strongly of the killer game debate.
And experts actually agreed that individual disposition and social environment are the main factors.

Saying that my meme "normalizes" assault is the same as saying that killer games "normalize" violence.
And the fact that violence is not normalized by killer games is now considered proven.

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Edward M.@edwardmorra

At current prices, this is more of a suicide mission. You leverage yourself out of the correction, not into it. Please also bear in mind that the interest costs are not included in the TER and currently amount to a good 4%.

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Hodlinvestor@Hodlinvestor

Funny meme, somehow there used to be more to laugh about 😆

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GurkiHDx@GurkiHDx

@Hodlinvestor Not everyone had a stick up their ass back then either.

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Peter G.@Sontoshi_Nakagoku

Why stop at 2X? Imagine what happens at 10X :D #ThinkBig

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Eselai@DonkeyInvestor

@Sontoshi_Nakagoku The 2x is actually very suitable for a savings plan and "set it up once and forget it". It doesn't go to 0, unlike the 10x

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@Sontoshi_Nakagoku then the path dependency kills you 😅
For more information take a look at the 10x S&P500:
<security:n/a:DE000SD26446>

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Eselai@DonkeyInvestor

Tomorrow I'm going all in

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@DonkeyInvestor A. I. = All In? 😲

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Eselai@DonkeyInvestor

@Epi psssssst. Don't tell anyone

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Alfred E.Neumann :-)@Papiertiger

@DonkeyInvestor 🤫

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0,6 % TER - buuuh 😂

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@Papiertiger Go to the bank and take out an equity loan.
Suddenly the 0.6 doesn't look so much anymore...

Oh yes, and the 0.6 is only the TER, the ETF has other costs. In total, the part is probably at 1% 😅

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Twizzi@Twizzi

0.6 is not much for such an ETF

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11H

@TotallyLost Does the TER include the loan at all? As far as I know, the loan is added to the performance.

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11H

@SchlaubiSchlumpf Correct, there are additional costs that are not included in the TER.

I once read somewhere that you should reckon with 1% -1.2% costs (all together)

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11H

@TotallyLost will probably depend on the overnight rate for the credit costs. But then it would be more like 2%

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@SchlaubiSchlumpf However, only half of the ETF is on credit. So overnight 2%/2 =1% credit costs. At least in theory.

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Testo-Investor@Testo-Investor

@Epi You mean half of the portfolio. That's right 👍🏻 I overlooked it

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ZeissJessy@ZeissJessy

@Testo-Investor

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@ZeissJessy Tits horny

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Testo-Investor@Testo-Investor

@Testo-Investor I was rather expecting you to go for the biceps. 💪

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@TotallyLost am undemanding today 😂

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50/50 2xworld and cash with rebalancing if you want to pay taxes early, pay additional costs for leverage and have path dependency on leveraged products 😅

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@SchlaubiSchlumpf I think I need to make a sample portfolio 😘

Theoretically you can BuyTheDip with less opportunity cost but with more fees.
But it should be net positive especially because the rebalancing reduces the path dependency.

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@TotallyLost Yep, that's right. Rebalancing reduces the path dependency. But then it depends on the rebalancing rules. The more often I rebalance, the lower the path dependency. However, at some point I almost only have the behavior of a 100% ETF portfolio, right? 🤔

What do you think shouldn't be positive? 50/50 is probably not completely wrong, but it would be interesting to see a bootstrap simulation of this

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@SchlaubiSchlumpf and to compare the behavior with 100% world etfs

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@SchlaubiSchlumpf not "not positive" but "net positive" 😅

I mean that the leverage should compensate for the costs and the tax.

But you would probably adjust the weighting on the way down until you have 100% shares.
And then build up cash again after the recovery.

I'll see what I can do, my son will soon be getting money from grandpa... 😉

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KlausDieMaus@KlausDieMaus

@TotallyLost would be quite wild. With a slow increase to 100% it could possibly work. However, you would have to set rules beforehand as you have already described in a post and be careful not to run into overfitting. There are not that many data sets for major crises. This means that if you set your rules to "after 40% loss 100% in 2x world", for example, you may suddenly perform totally well simply because 2 out of 3 crises happened to turn after 40%. (I hope you understand what I mean).

From my point of view, the strategy should also be compared with a slight leverage on MSCI World (e.g. 1.2) because that would probably be an option if you are generally willing to use leverage

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Not yet at dkb:(

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Frank551@Frank551

Can the ETF also be used as a sole investment to build up assets if you switch from a FTSE World ETF? Is it advisable or not?

What are the disadvantages of the ETF?

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