Life savings... wiped out 😞

South Korean market imploded last week, anybody that is over leveraged this should be a warning 👀

Something that worries me is the gamification of "investment" products. Funds that are 2x, 3x, 5x leverage are going nuclear ☣️. I can't predict the future, but it sad to see soo many people's savings being wiped out 😞.

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6 Comments

Wager @wager07 · 5h

3X funds long term tend to outperform underlying by a huge margin. But I agree with you they are risky, not for everyone, especially those who can’t handle the volatility.

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