Becoming a high performing software developer working from your bedroom

Re:Becoming a high performing software developer working fro... by OJFord on Wednesday February 12, 2020 @09:58AM (#22309271)

I don't think 'unreputable' is fair - they're just a different (not 'low - medium'!) risk profile.

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Re:Becoming a high performing software developer working fro... by Kirby64 on Wednesday February 12, 2020 @03:44PM (#22312617)

No, they're just non-existent. Anyone with a brokerage account had a ~20%+ return last year... it's over 30 years that matters.

I'm sure there's SOME ETF that managed to do 15% returns over a 30 yr period, but that's just selection bias after the fact. It doesn't mean that ETF would do well this year, or next.

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Re:Becoming a high performing software developer working fro... by nuclearnice1 on Wednesday February 12, 2020 @01:06PM (#22311074)

What tickers?

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Re:Becoming a high performing software developer working fro... by atombender on Wednesday February 12, 2020 @08:18PM (#22314520)

Perhaps they're referring to leveraged ETFs like UPRO (Direxion Daily 3X Bull & Bear S&P) and TQQQ (ProShares UltraPro QQQ).

Be advised that they are not designed to be held over more than a day, although with the current bull market, they have not actually been hit by the decay factor inherent to all leveraged ETFs.

Other higher-risk ETFs would be things like solar/wind sector ETFs (e.g. TAN, FAN, PBW, IQCLN, QCLN, etc.) or bleeding-edge biotech (e.g. SBIO).

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