6 Comments
 

How are you doing with levered ETFs?

really wanted to buy levered tech ETFs in the bubble.  Thankfully Vanguard idiot proofed their system and they don't allow you to buy levered products, and that saved me a ton of money.

 

I never used Vanguard but that's good to hear. It's down ~48% for LTM but overall earned me decent amount of money over last 3 years.

 

Are you actively selling stuff - how much do you pay in cap gains tax? Personally I never formally "rebalance" but just adjust my split of new money going in, which will roughly rebalance. I would rather my portfolio be a few % off than pay anything in cap gains tax. You could do this allocation math in 30 seconds on Excel 

Also, are you sitting in levered ETFs long-term? The daily MTM of these will really kill you over time...

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