Post by stockrider123on May 03, 2020 2:22am
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Post# 30980583
Is it a good long term investment vehicle?
Is it a good long term investment vehicle?I know that the 2x etfs are not for long term as the losse cannot be recovered at the same rate. E.g., a 40% loss would need a 70% reovery to get to the same price. But since the HUC is 1x, would it be good in the long term (1 - 2 years) for the hope of oil recovery?