Selling QLD
Hi PCA Fans,
I am selling all of the QLD. It was stupid of me to even add a leveraged ETF to this portfolio.
Leveraged ETFs are a screw job the longer you hold them.
You get churned out of profits and there are better places to be.
Sold out. Lost 4,111.00 or 25% on this one… my bad.
Lesson learned.
Class dismissed.
Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.
This entry was posted
on Saturday, October 3rd, 2009 at 4:05 pm and is filed under Leveraged ETFs and PCA, users.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
