Thanks Clark. Great advice. And in the end I think I will do exactly that. Where LNAS is useful and has been for me is the leapfrog effect.
E.g. I bought back in a few weeks ago when the Nasdaq tanked. Three phase buy in, averaged out buy-in $8.45. Now sitting at $9.80. return of 16% in a few weeks.
Plan is to roll over increased amount into NDQ when "top" is close. Only thing is, I'm not feeling that top is looking at us in the next few weeks. Fed dropping rates soon and the Mag 7 recovering fast. Who knows??
You are spot on about the three year figures, but did you notice the one year returns.
NDQ - 27.09%.
LNAS - 66.99%
Obviously performance is very dependent on timing with this one. Will be watching the Nasdaq very closely. I think when it gets back to the high 18K mark I may be jumping to the conservative and more sensible NDQ.
You got a prediction on the Nasdaq in2-3 months??
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Thanks Clark. Great advice. And in the end I think I will do...
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