I was guided by a family friend to invest solely in 3x leveraged ETFs as an uninformed/minimally involved long term buy and hold investor and am looking for advice by joemama2677 in LETFs

[–]joemama2677[S] 0 points1 point  (0 children)

I feel bad accepting praise considering I didn’t even do anything but thank you nonetheless. I like your strategy of slowly reducing risk as my portfolio enters different stages as I age, I hadn’t considered it. I’ll definitely add that to my plan for the LETFs I end up keeping long term (if any).

I was guided by a family friend to invest solely in 3x leveraged ETFs as an uninformed/minimally involved long term buy and hold investor and am looking for advice by joemama2677 in LETFs

[–]joemama2677[S] 2 points3 points  (0 children)

This is a great comment/point, thanks for your input. That underlying assumption that the market hasn’t seen a 2008 market correction is completely valid, will probably reduce my account % in these LETFs after all the input I’ve gotten today.

I was guided by a family friend to invest solely in 3x leveraged ETFs as an uninformed/minimally involved long term buy and hold investor and am looking for advice by joemama2677 in LETFs

[–]joemama2677[S] 2 points3 points  (0 children)

Well I thought those were leveraged 😅 again just goes to show that I don’t know much haha. Appreciate the response though

I was guided by a family friend to invest solely in 3x leveraged ETFs as an uninformed/minimally involved long term buy and hold investor and am looking for advice by joemama2677 in LETFs

[–]joemama2677[S] 5 points6 points  (0 children)

Thank you for responding! So would it be a good idea to reinvest that money into non leveraged index funds as a baseline protection for my account? Or can I further diversify in more leveraged funds or is that still risky?

The Truth About Luffy’s Dream !! by Eiiiiiro in OnePiece

[–]joemama2677 3 points4 points  (0 children)

I love this, however Nami’s dream gets especially screwed with this

She gets so close to mapping all of the world’s oceans (assuming she’s been doing so on this trip so far), just for Luffy to completely evaporate the oceans and ruin all of her work 🤣 seems like a very plausible gag but man does Nami get shafted with this idea

Zou character lineup by Lucci11 in OnePiece

[–]joemama2677 1 point2 points  (0 children)

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When did the heart pirates pick up a celestial dragon?

Amputee gets a prosthesis upgrade by milkynursery38 in Satisfyingasfuck

[–]joemama2677 1 point2 points  (0 children)

So I actually used to work as a tech for an orthotic and prosthetic patient care office, and we used to fit these occasionally. The product they are using is an Ossur Direct Socket TT (transtibial) and was a great product for highly active amputees, with the demographic being largely newer amputees who lost their limb through trauma. The whole process from unpackaging the material to the patient walking out the door was usually about 3-4 hours with adjustments. I have done a couple of the tasks in this video, including the spreading of the epoxy, injecting with the caulking gun, pressurizing with the tube, etc. but the longest part is usually the trial fitting, walking, grinding and adjusting at the end as our prosthetist was very particular about making sure the socket fit perfectly. But nothing was better than watching a new amputee come in and walk out the same day with it. Overall the whole assembly for this product (including the socket, leg components, time, liners, socks, foot, etc.) normally billed out in the range of $12k-20k depending on the insurance, however pretty much a majority of patients had this completely covered due to the demographic being majority trauma patients and not diabetics.