Hi guys I have a question regarding an ETF. Please no unnecessary comments but factual information and criticism. I am still learning and of course have to question some things and there are some people here with experience and good knowledge :). So I invest monthly in the $CSPX (-1,14 %) and I recently heard about this one $DBPG (-3,32 %) . Double the return for the same risk? I mean I'm betting on the S&P going up in the long run anyway so what's the catch? Why not switch from the normal S&P? There is also a clear difference in the benchmark.
Good morning everyone! Wanted to ask your opinion on this particular investment plan, which consists of two leveraged ETFs ($LQQ (-3,77 %) and $DBPG (-3,32 %) ).
Is there anyone who already owns them or any other leveraged ETF? What do you think?
My plan is to buy a small amount every month, 15 USD in total for both, so it's not the end of the world if it doesn't work. I already invest in 5 other ETFs so my portfolio is already very steady.
I started investing in the $LQQ in january of 2023. It performed very well and it should coninue to do so in the future imho. I personally only invest in a single etf in order to save on fees.
