IRA/401k vs Investing with leverage


I'm curious if it would be better to take my companies IRA deal (matching up to 2%) – which is bad, or to take the money i would be putting in a Roth IRA and instead invest it in VOO (or similar etf) with the leverage that my brokerage provides (2x-3x my deposit amount). While I'd have to pay tax on any gains, I figure the leverage aspect would allow me to outperform my IRA.

Can anyone advise on this & whether I'm indeed correct?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *