- 10/28/2020 at 11:04 am #80421RBParticipant
Regarding the UIS3x strategy: The traditional correlation between SPXL, TMF and GLD has been horrible in September 2020 and October 2020 (so far).10/29/2020 at 9:07 am #80441
Many investors go to cash before the US elections. You can see this as all 3 asset classes (equity, treasuries and gold) show negative performances for the last 3 month which means that money flows out of these assets. This is because nobody knows exactly which asset class will profit for the next 4 years. Normally money always flows into at least one of these assets. The situation should clear up next month.10/29/2020 at 2:12 pm #80445RBParticipant
Ok, thank you Frank.
I’m wondering if it would be a good idea for the UIS3x strategy webpage to display a message warning people to reconsider investing in UIS3x during unusual periods (e.g. US elections, etc.)?10/30/2020 at 2:35 am #80448
We just don’t know when money goes to cash rather than in these assets. So best is to just stay invested so that you do not miss it when people are getting greedy again and invest their money. All these periods averaged gave always a good return in the past.10/30/2020 at 1:54 pm #80452brucealderParticipant
Thanks Frank, that was helpful.
Building on the concern related to the election. When the new allocations come out for November, I’d planned to implement on Monday, Nov 2, the day before the election. Does that sound like the right approach, to implement the day before the election, or hold off and implement after the election? Thanks…10/31/2020 at 1:59 pm #80470
The next week will probably come with high volatility which always also means increased risk. It is probably better to avoid this risk and invest later.
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