This is why I love using leverage to invest in stocks, using $TQ, $UPRO, $FNGU, etc.



Too little leverage fails to capitalize fully on the positive expected return.
However, excessive leverage results in volatility drag overwhelming the enhanced returns.
Optimal leverage achieves a balance by maximizing the difference between the amplified mean return and the volatility drag.
WHY-3.65%
LOVE1.71%
IN-7.38%
TQ-6.95%
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