As you all know, COVID-19 has caused panic, businesses to close, and other negative outcomes. However, because of this the stock market can be much more predictable and is rising and falling at much stepper levels.
Many beginner investors, like myself, don’t realize that anytime the market is “predictable” means that you should make a profit in your investment. Also, since the market is changing at such large levels, the investments should bring larger profits.
To get to my point, when the market is falling investors should be buying inverse ETFs and when the market is rising investors should be buying normal ETFs. To add on to this, stocks like SPXL are 3 times the rising and falling changes. It’s simple. When the market was falling I was buying inverse ETFs that were 3 times the changes. Until now.
We are now either at the bottom or very near the bottom. Either way I believe strongly that it’s time to invest a lot into SPXL. Right now, SPXL is selling at around $22 a share. Before COVID-19 recession, SPXL was at around $75. SPXL is based off the S & P 500 and can be trusted as it’s the average of the biggest 500 companies in the market. There has been a pretty steady incline until it reached around $75 and COVID-19 happened. Then it dropped rapidly to where it is today.
No matter what, SPXL is on the rise and will continue to rise either now or very soon. I believe it’s a wise investment to invest a large percent of your portfolio into SPXL as it will most likely triple or quadruple your investment with the next few months. Eventually SPXL will rise much higher than it is now and it will likely be very soon.
In conclusion, SPXL is a very safe and reliable stock to invest in today that will most likely bring a lot of money into your life.
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