Considering everyone advises buying ETFs such as QQQ or the S&P 500 as a sensible long term buy, then is there a problem with buying those ETFs but with x3 leverage? Such as those offered by Wisdom Tree.
Surely if each ETF is usually around 20-30% of low risk growth per year then at x3 its 60-90% ? Or am I oversimplifying this?
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