eric4x
7年前
Yes, mammum. It will go up slower now.*
Nothing is the same as it used to be, back in the "good old days."*
I used to really like the Google Finance page. Then they changed it and ruined it, so now it is completely useless to me.*
I liked Scottrade, but now I have TD Ameritrade. Their website is not nearly as good as the Scottrade website was.*
As for SVXY, it must eventually go up, although only at half the rate. I haven't seen an explanation as to why UVXY didn't go sky-high. But now they will be 3-to-1 instead of 2-to-1, right? If SVXY goes from 1 to 0.5, and UVXY goes from 2 to 1.5, then that changes the ratio between them.*
No matter what I do, it's virtually guaranteed to lose. But I shouldn't feel so bad. If I would have done everything right in previous years, I could have amassed a fortune in XIV and SVXY. And lost it all anyhow!*
Since I lost so much in UVXY before, I'm used to losing, and I didn't have far to fall. So now I will expect SVXY to finally start working for me?*
I might sell at a loss at any time, just to reset my cost basis, because I don't want to go long-term. I think it's ultimately a good thing for some people to sell and buy-back at least once each year, just so we know how to fill out the tax forms!*
I have relatives who held stock for decades, and they have a cost-basis of ZERO, because they were in an ESOP (Employee Stock Ownership Plan). Nobody ever told them to keep track of their cost-basis, so it's treated as zero, whether that is correct or not.*