Does it make sense to combine leveraged standard stock ETFs (UPRO, TQQQ, SOXL, TECL) with leveraged bonds (TMF, TYD; these are US treasury bonds) and leveraged gold (UGLD)? The bonds and gold can reduce your risk and maximum drawdown, although I suppose your overall long-term returns will be lower, while higher than the same portfolio without leverage. UPRO lost 75% to the bottom of the pandemic loss, and is still down 50%, from February 19. If you’re relatively risk-neutral and investing long-term with this part of your portfolio, maybe it makes sense to just skip the bonds and gold (in this part of your portfolio)?
Does it make sense to combine leveraged standard stock ETFs (UPRO, TQQQ, SOXL, TECL) with leveraged bonds (TMF, TYD; these are US treasury bonds) and leveraged gold (UGLD)? The bonds and gold can reduce your risk and maximum drawdown, although I suppose your overall long-term returns will be lower, while higher than the same portfolio without leverage. UPRO lost 75% to the bottom of the pandemic loss, and is still down 50%, from February 19. If you’re relatively risk-neutral and investing long-term with this part of your portfolio, maybe it makes sense to just skip the bonds and gold (in this part of your portfolio)?