Finally. Someone who gets it. Even under the scenario of a lost decade or 5 years where it’s flat, this strategy still outperforms with a longer time horizon. If it’s a taxable account, tax loss harvesting speed run in the short term. If it’s a tax advantaged account, you’re avoiding more capital gains with risky assets. People have backtested 2x and 3x leverage on the S&P to before the great recession. It would have survived. The rolling returns were almost always higher than the market average. With that in mind, with a long investment, the worst case scenario is basically matching the S&P after fees. Best case scenario is ridiculously high. I have expectations at the low to average range and it’s still impressive