I’ve said it before, but a 10% 3x leverage snp500 + a 90% snp500 portfolio over the course of a decade is going to beat literally any actively managed fund and it’s so simple to achieve a monkey could do it.
During bear markets no one tends to consistently make money and at least in an index you don’t have the risk of going heavy on cash during a market recovery like MFG.
I’ve said it before, but a 10% 3x leverage snp500 + a 90% snp500...
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Last
$10.22 |
Change
0.300(3.02%) |
Mkt cap ! $1.847B | |||
| Open | High | Low | Value | Volume |
| $9.98 | $10.28 | $9.96 | $8.693M | 853.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 151 | $10.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.25 | 19100 | 5 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |